Daimler may start Mercedes-Benz production in RussiaPublished time: April 07, 2015 11:35
German carmaker Daimler AG is considering building a plant in Russia to produce Mercedes-Benz vehicles. The company is expected to make a final decision in May.
Daimler is likely to consider production in three regions of Russia – Saint Petersburg, Kazan and the central Russian region of Sverdlovsk, according to RIA.
The president of the Russian investment agency ‘Invest in Russia’ Yuri Spiridonov told reporters the company plans to start building a plant at the end of 2015, and to bring production at full capacity by 2017. He also confirmed that Daimler plans to produce five car models, including the S, E, GL, ML and A class.
http://rt.com/business/247389-daimler-mercedes-cars-russia/ Yes ... LoL i like the RT propaganda but ... forget to add
Russia's auto market is in freefall. As financial turmoil in the country makes cars more expensive by the day, demand for many brands has almost evaporated.
Sales fell 38 percent in the year to February, with mid-market brands like Ford plummeting 78 percent, eating into earnings and threatening production. Only luxury cars are still holding up as richer Russians count on them as status symbols — even if that means cutting back on other aspects of life.
"That's because everyone sees how I drive, but no one sees how I live."
While sales for Chevrolet were down 74 percent in February and General Motors' Opel saw a 86 percent nose-dive, Mercedes, Lexus and BMW have all seen a rise. Audi fell, but by less than the market as a whole.
... Yes only rich people can buy cards in Russia now ... and others people ?
