Automakers Look to Rev Up Sales Growth in Russia
Filed under: General Motors, Autos, Industrials
By Megan Davies
MOSCOW — Luxury cars to pamper your inner oligarch caught the eye as the Moscow motor show opened on Wednesday, but it is the Russian of more modest means who has the attention of the world’s carmakers, keen to profit from one of Europe’s few growing markets.
Bullish forecasts were the order of the day at the Moscow International Automobile Salon, with Volkswagen forecasting 30 percent sales growth in Russia this year and announcing 1 billion euros ($1.3 billion) in new…
Automakers Look to Rev Up Sales Growth in Russia originally appeared on DailyFinance.com on 2012-08-29T13:25:00Z.
Permalink | Email this | Comments
http://www.dailyfinance.com/2012/08/29/carmakers-russia-auto-show-sales-growth/