Automotive Industry
Industry: Email Alert RSS FeedUAG could invest in China, Russia.(United Auto Group)(Brief article)
Automotive News Europe, February, 2007 by Sherefkin, Robert
Byline: Robert Sherefkin
US auto retail entrepreneur Roger Penske and a Japanese partner are exploring auto dealership opportunities in China and Russia.
"We're looking at China; we even had someone go to Russia [recently] to take a look if there is an opportunity," said Penske, CEO of United Auto Group, at the Automotive News World Congress in Dearborn, Michigan.
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Penske says he has been approached by automakers asking whether he is interested in investing with local partners. ...
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