Russia booms
RUSSIA: Russia largest Europe market by 2010
The Russian new car market broke through the 2m unit barrier for the first time in 2007 as 2.35m new…
RUSSIA: Chinese automakers mull Rostov assembly plant
Chinese car makers Chery Automobile and First Automobile Works (FAW) are considering building a car assembly plant in Russia’s Rostov…
RUSSIA: GMAC starts GM dealer financing
GMAC Financial Services’ Moscow-based Russian operation GMAC-CIS has begun providing wholesale services to General Motors dealers in Russia. It will operate…
US: Emerging markets to account for 50% of car sales by 2012
Emerging markets will account for half of all global car sales by 2012, according to global Insight’s North American automotive…
RUSSIA: Avtoframos output up 50%
Renault’s joint venture with the Moscow city government, Avtoframos, increased output 50% year on year to 72,762 Logans in 2007,…
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BELGIUM: Russia now top Toyota Europe market
Toyota Motor Europe boosted sales last year by 10% to 1,238,638 units, marking the automaker’s 11th consecutive year of growth…
DETROIT SHOW: Chrysler wants Russia plant, not Europe
Newly-independent Chrysler Group still has no plans for a transplant production site to serve the major markets in Europe, despite…