OREANDA-NEWS. The Japanese car building company Isuzu Motors and OJSC “Severstal-Avto” plan to create a joint venture on assembly of various models of Lorries.

The memorandum of intentions to create a joint venture is planned to be signed during a visit of the Prime Minister of the Russian Federation Mikhail Fradkov to Japan, REGNUM informs.

It is supposed that the control share holding of the joint venture will belong to “Severstal-Auto”.