Moscow recently hosted the 15th International Automotive Conference, which discussed the main developmental trends in the Russian automobile market. It is estimated that Russia's auto market volume will rise to about $30 billion. The shows that since 2002 car sales in Russia have tripled, and it now sells nearly the same number of cars as UK. Foreign & Russian car sales sum up to $20 Billion & $10 Billion, respectively. It's rather tough to believe that the domestic market may not show this type of record-breaking growth yet again. But till now automobile market in the country has not become saturated due to Russia being a big country. According to a plan approved by Russia's Economic Development & Trade Ministry an estimated $2 Billion will be invested i View the rest of this article
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