UPDATE: Opel Deal Must Help Russian Car Industry - Putin
02 June 2009 - 2:17AM
Dow Jones News
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MOSCOW (AFP)--The rescue of German carmaker Opel by Canada's
Magna International Inc. (MGA) and Russian state-owned bank OAO
Sberbank (SBER.RS) must help the Russian car industry, Prime
Minister Vladimir Putin said Monday, quoted by Interfax news
agency.
"The Russian government has its strategy of developing the car
industry and the deal we are discussing must be embedded within the
strategy for automobile manufacturing," Putin said at a meeting
with officials from Sberbank and Magna.