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Russia: Govt to pump US$6bn into domestic auto sector

The Russian government intends to pump US$6bn into the domestic automotive industry, The Moscow Times has said, citing an unnamed government official. The funding is reportedly part of a US$60bn strategy aimed at resuscitating the country's floundering automotive industry, and will run over a ten-year period. This strategy is to be Subscribe to Automotive World … Continued

The Russian government intends to pump US$6bn into the domestic automotive industry, The Moscow Times has said, citing an unnamed government official. The funding is reportedly part of a US$60bn strategy aimed at resuscitating the country's floundering automotive industry, and will run over a ten-year period.

This strategy is to be

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https://www.automotiveworld.com/articles/81097-russia-govt-to-pump-us-6bn-into-domestic-auto-sector/

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