Derways Automobile Company


The Derways Automobile Company was a Russian automaker located in Cherkessk. The company was founded in 2003 as the first private car manufacturer of Russia and as a part of the Russian Mercury Group. Since June 2007 the company is building 100,000 units for the local market within a joint venture with the Chinese firms Lifan Group and Liaoning SG Automotive Group Co., Ltd. The second plant of Derways was opened in the fall 2009. About 3,000 workers were employed by Derways. The name Derways is composed of two parts: Der - from the name of the founder and "ways" - from the English. "Roads".

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