Sollers to invest at least 3 bln rbl in new LCVs till 2026

SAMARA, Jul 10 (PRIME) -- Russian carmaker Sollers plans to invest at least 3 billion rubles in production of the Sollers Argo light trucks and new models of light commercial vehicles (LCVs) at the UAZ car plant until 2026, the Samara Region’s government said in its Telegram channel on Monday.

Governor Alexei Russkikh and Sollers CEO Nikolai Sobolev signed an agreement to create a full-scale production of Sollers Argo cars and of new LCVs under the Sollers brand at the UAZ plant. Investment in the production would reach at least 3 billion rubles, the government said.

(91.6879 rubles – U.S. $1)

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