INSUBCONTINENT EXCLUSIVE:
Russia is approaching Chinese companies to join in its bid to revive the Soviet-era Moskvitch car, the Vedomosti business dailyreported
reportedly in talks with its Chinese partner, the state-owned Anhui Jianghuai Automobile Co (JAC), and another unnamed Chinese carmaker to
Moskvitch, Reutersreported later Thursday, citing its own sources.The revived Moskvitch could reportedly enter production by the end of
2022, although industry expertssay the timeframe would be difficult to meet
There are also plans to design an electric-powered version of the classic model.Officials hope to launch production of the Moskvitch at the
transfer of private assets into state hands after Russia threatened to nationalize Western businesses that had exited the country in protest
