KIEV, May 25 ??“ AutoKrAZ Holding, Ukraine's only producer of heavy trucks, is to invest at least $5 million into production modernization, with about half of the funds being spent on energy saving technology, officials said.

The introduction of energy saving technology is part of a comprehensive plan to cut costs so as to avoid an increase in the price of cars, AutoKrAZ Financial Director Yaroslav Bondarenko said.