OAO LukOil recently entered a 5-year strategic cooperation agreement with Russian automaker OAO Severstal-Auto. The deal calls for LukOil to supply automotive lubricants for factory fill and industrial lubricants for Severstal-Autos production plants.
Moscow-based Severstal-Auto holds controlling blocks of shares of OAO Ulyanovsk Automobile Works, OAO Zavolzhye Motor Works and OAO ZMA. Ulyanovsk manufactures four-wheel-drive vehicles – including the Japanese Isuzu brand – such as off-roadsters, light trucks and minibuses. Zavolzhye manufactures four- and eight-cylinder gasoline engines for E class cars, off-roadsters, buses, light trucks and special-purpose vehicles. ZMA assembles four-wheel-drive vehicles, including Korean Ssangyong and Italian Fiat brand vehicles under license agreements.