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UAE company backs new Soviet-influenced luxury vehicle

A new state-owned Russian carmaker, Aurus, has launched a Soviet-influenced luxury vehicle, with backing from a UAE investor, according to AFP. The report named Tawazun as having invested Eur110m [$128.6] in the vehicle that hopes will lure the domestic super rich away from brands such as Rolls-Royce. A glitzy presentation…

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Click here to read the full story: Arabian Business

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