GM-AvtoVAZ joint venture working on next-gen Chevrolet Niva.
ST. PETERSBURG, Russia – The Russian auto market is on the verge of a crisis, with industry-watchers expecting a period of stagnation after two years of robust growth. According to forecasts by the Russian Ministry of Industry and Trade, as well as a number of local analysts, the market not only might stop growing this year but might also decline for the first time since the economic crisis of 2008-2009. Russia has one of the lowest levels of motorization in Europe, with 250 cars ...
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