Marocains rainaud auto group promising Russian market
January 28th, 2009 123 viewsFrance”s second largest vehicle manufacturer Renault group promising Russian market, the 29th day of the group with production autolada Volga otomobil signed an agreement to acquire this Russian largest vehicle manufacturer 25%.rainaud want with Nissan and teratak of the border to be Russia”s largest automotive manufacturing enterprise.
Renault group in Moscow formal agreement to acquire Volga automotive 25% of the shares of investment reach us $ 1 billion.Renault Group wished by verwaltungs Volga, otomobil to the Russian market integration, Nissan and nerada as the Russian largest vehicle manufacturer.
positive investment in Volga otomobil, rainaud drain is Russian automotive market potential.rainaud sually paulat qata Group on 29 may, in the domain wide Russian automotive penetration also relatively low, where fuel prices are not high, two years Russia expected to become Europe”s largest automotive market.
in recent years as the euro to dollar exchange rate of high production costs and the euro area increasing Renault group gradually shortened to overseas production.last year rainaud has increased investment in Russian factory facilities and production equipment, and also prepared some production to Turkey.estimated rainaud will meet with the Volga, otomobil of factory production of rainaud and Nissan
and of motor vehicles.
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