GAZ, which exports cars to 35 countries, said its facility in Nizhny Novgorod in Russia’s Volga area was expected to produce 50,000 Maxus vehicles a year. GAZ said Maxus light trucks will be priced at $20,000 and more, depending on their configuration.
British Maxus vehicles are currently produced by the LDV plant in Birmingham, England. GAZ acquired a 100% stake in LDV, a British van manufacturer, in July 2006. The shares were bought from Sun Capital, a US fund. LDV, formerly Leyland DAF Vans Limited, produces about 15,000 vehicles a year. (rian.ru)
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