Russia to subsidise car loans, helps foreign majors


* State to subsidise car loans with $55 mln in budget funds * GM, Ford, Volkswagen, Renault, Fiat among eligible * Another $350 mln earmarked for parts, commercial vehicles By Simon Shuster MOSCOW, Feb 24 (Reuters) - Russia said on Monday it will subsidise car loans for consumers buying any one of 30 foreign and domestic models, one of the most drastic moves yet to save an industry in which sales have slumped by one-third. The car-loan subsidies, worth 2 billion roubles ($55.45 ...

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