Word: stavropol
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Dates: during 1970-1979
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...Union passed an important milepost on its slow and bumpy journey into the automotive age. The new auto, a four-passenger sedan, is based on the Fiat-124. Its Russian name is Zhiguli, after the rolling hills across the Volga from Togliatti, the city whose name was changed from Stavropol in honor of the late Italian Communist leader...
...producer of the elegant Mercedes automobiles, is trying to line up a consortium of Common Market truck makers for the Soviet project. Discussions are already under way with France's Renault. Another likely member is Italy's Fiat, which is building a huge auto plant in Stavropol, which was renamed Togliatti in honor of the late Italian Communist leader. Daimler-Benz wants help in financing the $1.09 billion project; the Soviets will repay the loan over a long term at rates to be settled later...