Vehicle output in Russia is expected to increase to 2.6m-3m units by 2010, Russia’s Economic Development and Trade Minister German Gref said on Thursday.
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Of this total, foreign-branded models are expected to account for 1.08m, he added, according to a Prime-Tass report.
In 2007, Russian companies plan to produce 860,000 Russian-branded vehicles, down from 899,000 units in 2006, the economic development and trade ministry said earlier.
Joint ventures are expected to produce 360,000 foreign-branded vehicles, up from 276,000 units last year.
