icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
9 Jul, 2008 08:55

Russia's car market becomes Europe's biggest

Russia's car market becomes Europe's biggest

Russia overtook Germany to become Europe’s top car market in the first half of this year according to a report by PricewaterhouseCoopers.

Russia’s auto market grew 64% to almost 34 BILLION dollars in the first half of the year.

The highest profit growth was in foreign cars assembled in Russia.

Previously, executives from Renault and Ford had predicted Russia would take another year or two to become the largest market in Europe.

And analysts forecast even more growth in Russian car sales in the next few years.

Podcasts
0:00
27:22
0:00
27:48