Carmakers Rest Hopes On Export Markets

Ukrainian Automobile Corporation (UkrAVTO) is eyeing increased exposure to newer export markets after reporting a fall in its net income from UAH4.3bn in 2008 to UAH1.657bn in 2009, online news source Interfax.com has reported. With the domestic market reeling from weak demand as households and businesses continue to focus on paying off existing debts, diversification of operations and export destinations are the best alternatives for

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