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15 Jan, 12:08

Avtovaz to launch new brand for commercial vehicles — chief executive

Avtovaz now sees a successful example of brand diversity in the Chinese market, Maxim Sokolov said

MOSCOW, January 15. /TASS/. Avtovaz may launch a new brand for commercial vehicles, President of the Russian automaker Maxim Sokolov said at a press conference.

"We plan, probably even under a new brand, to manufacture our new versions of commercial vehicles," Sokolov informed.

Avtovaz now sees a successful example of brand diversity in the Chinese market, the chief executive noted. The automaker plans to follow this trend.