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November 13, 2007
Magna International plans to build a $500-million factory in Russia to assemble Chrysler vehicles, a Russian business newspaper reported Monday, according to the Detroit Free Press.
The Russian plant will have the capacity to build 150,000 vehicles per year with the possibility of doubling that amount, Kommersant reported, citing an application filed with the Russian Ministry of Industry and Energy.
Posted by Peter C. T. Elsworth
at 1:52 PM to Chrysler
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