VW forms JV with Algeria's Sovac to assemble Golf, other models from June 2017
JV to invest USD170 million in an assembly plant
German automaker Volkswagen (VW) has entered into a memorandum of understanding (MoU) with its Algerian sales partner Sovac to establish an assembly plant in the country, reports Reuters, citing Mourad Oulmi, chief executive officer of Sovac Group.
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