Russia to be Europe's biggest car market in '09-VW

Newswire

MOSCOW, Nov 29 (Reuters) - Russia will become Europe's biggest car market in 2009, overtaking Germany, Volkswagen AG's chief executive told reporters late on Wednesday at the official opening of a plant in Kaluga, outside Moscow. The comments from VW CEO Martin Winterkorn jibe with those of GM Europe's finance chief, Luca Maestri, who told Reuters recently Russia could become Europe's second-largest car market next year. Winterkorn said demand for new cars is expected to rise in Eastern ...

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