GAZ takes 100% of LDV - last UK motor business to be sold off
Lord Patel told you that Russian auto manufacturer GAZ Group were to buy the last motor manufacturing business in the UK, the van maker LDV 4 weeks ago from Sun Capital.
US bankers sell off last of UK vehicle manufacturing to Russians
GAZ Group was established in 2005, after RusPromAvto restructured its production assets and now owns 100% of LDV.
Based in the central Russian city of Niznhy Novgorod, GAZ supplies vehicles to 29 countries in the former Soviet Union, Eastern Europe, Southeast Asia, Africa, Latin America, and the Middle East. GAZ produces about 200,000 vehicles a year.
Will the last person leaving Solihull please switch the light off.
No comments:
Post a Comment