Ford to double Russian car sales in 2006

Newswire

MOSCOW, Aug 30 (Reuters) - U.S. carmaker Ford's car sales in Russia will double to an estimated 120,000 vehicles in 2006, half of them produced locally, the head of the Russian unit Henrik Nenzen said on Wednesday. Foreign car sales in Russia have been booming over the past five years as incomes rise amid record world prices for Russia's main export commodities of oil, gas and metals. Ford is the market leader in Russia as it became the first foreign company to open a large plant in the ...

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