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Wednesday, April 18, 2012

Russia Automobile News--4.18.12

 
My Mission to Rev Up US-Russian Car Business
The Moscow Times
After a slowdown in 2009 because of the global recession, Russia's economy is expanding anew and is expected to grow by about 4 percent annually through 2015. This growth helped drive a 20 percent increase in consumer demand for automobiles last year ...
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The Moscow Times
Time Didn't Forget After All: The Lada Riva Is Finally No More
Automobile Magazine (blog)
The Lada Riva is infamous for its Russian heritage and status as Top Gear presenter Jeremy Clarkson's "worst car in the world." But Lada is making sure there won't be a Riva to kick around anymore: production of the venerable sedan – perhaps akin to ...
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Automobile Magazine (blog)
Russia may Block Import of Used Cars in Customs Union
Telegraf.by
Russia suggests introducing a salvage fee as a compensatory mechanism of its automobile industry in the WTO market conditions. The amount of the fee will not allow second-hand cars to enter the Customs Union. This was stated by First Deputy Prime ...
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Telegraf.by
Jaguar Land Rover IPO Seen as Jackpot as Valuation Soars: Cars
San Francisco Chronicle
The company introduced new models including the new XJ sedan, the Evoque compact SUV and the XF sedan, according to a June 2009 presentation, and began targeting new emerging markets such as Russia and China. "By listing Jaguar Land Rover, ...
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Lamborghini to Roar Into Russia
The Moscow Times
This is now changing, as the auto-maker has announced it has decided to commit to the Russian market by opening a retail outlet in the capital in partnership with Burevestnik Group, a luxury automobile and yacht retailer, luxury and performance car ...
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The Moscow Times
First Lamborghini Dealership Opens In Russia
Motor Authority
Like other high-end sports and luxury cars, Lamborghinis are a sign of the country's relatively-new-found wealth and the accompanying conspicuous consumption. Until recently, those shopping for a Lamborghini in Russia were limited to scanning the used ...
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Jaguar Land Rover IPO Seen as Jackpot as Valuation Soars
Bloomberg
Product Pipeline Jaguar, which announced that it would introduce a two-seat, all-new sports car in 2013 called the F-Type, is looking to expand its product portfolio as sales more than quadrupled in China, and doubled in Russia in the quarter ended Dec ...
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Bloomberg
Lamborghini Opens First Dealership in Russia
autoevolution
Moving on, we'll tell you that this is located in Moscow and is run by Burevestnik Group, a luxury automobile and yacht retailer. The company has held a launch event at the Collector Gallery of Moscow, which was attended by Lamborghini CEO Stephan ...
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Daimler Opens Truck Factory in India
BusinessWeek
Daimler, which is also the world's third-largest maker of luxury cars, aims to increase truck sales in markets such as China, India and Russia to drive growth. The company said in February it's targeting sales of 700000 trucks by 2020 from 426000 last ...
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