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Business news, 13.07.2005 13:41

DC to Join Toyota

DaimlerChrysler DaimlerChrysler will open its Russian plant in the Shushary area, on the outskirts of St. Petersburg, NTV news reported Monday without stating a source.

As formerly reported, the plant will assembly Mercedes and Chrysler cars and will open by 2007.

The U.S.-German automaker has enjoyed booming sales in Russia this year. DaimlerChrysler's sales through its official Russian dealers rose by 24 percent compared to the same period last year and totaled 3,494 cars, Interfax reported Monday.

Mercedes sales totaled 2,059 cars, 119 vehicles more than last year. The sale plan for 2005 is set at 5,000 Mercedes models. The recent sales growth was caused by the delivery into dealerships of new C-class and E-class engine cars, the company said.

M-class will be introduced by August, S-class by September, the automaker said.

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