Volga lives! GAZ reverses plan to ice Cold War cars

Russian automaker GAZ (Gorky Automobile Plant) has abandoned plans to euthanize its production of Volga cars, announcing plans to refurbish them as 'historical products.'

The firm hopes to bring DaimlerChrysler into the mix by buying its diesel engines, and is considering joint-venture tie-ups with foreign nameplates, along with increased production capacity opportunities.

[Source: ITAR-TASS]