UK: Russian Car Industry at a Crossroads, According to just-auto.com
just-auto.com -- Research by Ryan Tutak carried on the just-auto.com website draws attention to the Russian car industry's very positive medium and long-term growth potential. But means of production must improve significantly, along with consumer demand to buy the output, especially the hundreds of thousands of new vehicles that foreign manufacturers are keen to build there every year. Russia has the biggest population in Europe (149 million people); nearly double the size of Germany. But Russia ranked only sixth in new car sales in Europe in 1999, selling below 25% the volume of Germany.
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