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https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ2F0HZ_L.jpg“The transfer of Toyota’s Russian asets to NAMI is being considered,” Manturov was quoted as saying on the sidelines of a business congress.
NAMI, Russia’s Central Automobile and Engine Research and Development Institute, has already snapped up plants from Renault (EPA:RENA) and Nissan (OTC:NSANY).
A Toyota spokesperson could not immediately be reached for comment outside regular business hours.