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    RENAULTS TO BE ASSEMBLED IN RUSSIA

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    MOSCOW, May 21 (RIA Novosti) - The first Renault car will be assembled in Russia in spring 2005, Renault CEO Louis Schweitzer told Moscow Mayor Yuri Luzhkov on Friday.

    This will be the first French car produced in Russia since 1914, he added.

    Yuri Luzhkov proposed to hold a Renault retro show in Moscow to attract public attention to this brand.

    Moscow Mayor is satisfied with the development of the Avtoframos joint stock company, the joint venture of the Moscow government and the Renault concern. "We boast mutual trust and real interaction, which is highly important in any business," Yuri Luzhkov said.

    The presentation of the new model Renault X-90 will take place this summer in France, said the press center of the Moscow City Hall.

    The Avtoframos open joint stock company was founded on July 2, 1998. It is involved in the production and sale of Renaults in Russia. Avtoframos is implementing an investment and production project implying the production of 100,000 cars a year and their sale via a developing dealers' network. The Avtoframos aim is to win 10% of the Russian car market.

    Since 1999 Avtoframos is the exclusive Renault importer in Russia. The company manages and expands the Renault dealers' network all over Russia. Today the country has 45 official Renault dealers' centers.

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