Sollers and Mazda are establishing an engine factory, aimed for exports

Sollers and Mazda are establishing an engine factory, aimed for exports

Lenta.ru. – Sollers and Mazda Motor Corporation have signed a three-sided memorandum of understanding, proposing the establishment of an export-oriented engine factory, on the premises of the Russian manufacturer in Vladivostok. The third party of the agreement is the Russian ministry of industry and commerce.

As is known, Sollers and Mazda have been cooperating in vehicle production in Russian far-east since 2012. As stated by the chairman of Mazda Motor Corporation: Masamichi Kogai during his speech at the signature ceremony, the partnership has manufactured 80,000 automobiles up to today.

According to AEB data, Mazda sales have shrunk by 46% during the January-July period in Russia, with 14,800 vehicles.