Automakers Toy with Pulling Production From Russia

Many global automakers may consider closing their Russian plants and instead focus on importing vehicles as the country’s car market continues its steep decline and forecasts are unfavorable.

According to a recent report by the Industrial Committee of the Russian State Duma, the domestic market’s steady decline is reflected in a 6% drop in sales through May, compared with year-ago.

The report predicts full-year sales might decline between 26% and 30% and the tailspin might continue for several years. By 2018, analysts say, sales might total only 2.3 million units, far short of the initial target of 3.6 million.

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MattDarringer - 7/24/2014 4:51:26 PM

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When did they elect Obama to grenade their economy?

xjug1987a - 7/24/2014 4:54:14 PM

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Bulls Eye!!!

scenicbyway12 - 7/24/2014 5:26:02 PM

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Welcome to Cold War II the sequel.

MattDarringer - 7/25/2014 1:37:25 PM

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I'm voting for Putin in 2016. I'd be under him as dictator than our current dictator. LOL

Car4Life - 7/25/2014 2:36:51 PM

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Careful what you wish for, if the Republitards and Tea Party thugs tried to Sue Putin or "shutdown his government", every member and supporter of those groups would come up missing....

MattDarringer - 7/25/2014 8:32:45 PM

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@Car4Life give me Putin over the token in the White House ANY DAY OF THE YEAR. People only voted for Obama because he was...

WelcomeLexusIS - 7/29/2014 7:57:24 PM

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Matt Darringer: On top of having unwittingly represented yourself as a Grade B Pompous Slithery A-hole who has so far had absolutely nothing of value to say, much less as a car enthusiast, you now are declaring your admiration for the former KGB thug running a fallen Russia. You are a disgusting POS traitor. I bet you are not even a US born citizen. You're pretty slithery and disgusting aren't you?