Travel Directory
Asia Travel
Europe Travel
Africa Travel
Oceania Travel
South America
North America
Central America
Caribbean Travel
 
Travel to Asia Travel to Oceania travel africa travel europe Caribbean travel Travel to North America Travel to South America  

Revs Up Auto Race to Russia

Touristclick Russia Travel News
 

Revs Up Auto Race to Russia

by Wall Street Journal

Amid weak demand in their home markets, Western car makers are flocking to build cars in Russia. The latest entrant: Germany's Volkswagen AG.

Europe's largest auto maker by sales opened its first factory in Russia yesterday and outlined an ambitious strategy to catch up with rival Toyota Motor Corp. by more than tripling its sales in Russia and boosting its share of the Russian car market to 10% by 2010 from 3.2% now.

It is the latest sign of how the rising prosperity of the so-called BRIC countries -- Brazil, Russia, India and China -- is luring auto makers farther ...

 

 
 
 
 
 
TouristClick Travel Guides © Copyright TouristClick Travel Directory, Inc., 2004-2007. All rights reserved.
Touristclick Privacy
 

Russia Travel news

here you can find an information from a local people, get advice from a local traveller, booking direct with a local hotel agent