Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Russia

Rising Presence Of Foreign Brands Could Be Checked

August 2010 | Industry Trend Analysis

In line with the gaining popularity of foreign brands in Russia, international carmakers continue to maintain their focus on increasing their manufacturing presence in the country. Estimates from the Federal State Statistics Service have shown that foreign brands have increased their contribution to the country's auto production from 40% in 2007 to over 52% in the first seven months of this year.

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