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 Biz-Day.com - dedicated to quality business news in English!
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Test drive a BMW today!
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 BRIC
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29 Jan 07 23:03
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Foreign cars conquer Russia
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RIA Novosti political commentator Alexander Yurov
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The Russian car market has broken another record, reaching an all-time high of $32 billion late last year, an increase of almost 50% against 2005, according to Pricewaterhouse Coopers.
The achievements of this market are interesting not only because of its dynamics. Remarkably, last year Russians spent as much on cars as the French, outrunning Spaniards and Belgians. Yet the Russian car market is still developing. By 2010, it is expected to outrun the British and Italian markets, which are...
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