As the Russian automotive industry battles against currency depreciation and political turmoil, local players struggle to maintain business as usual. GAZ is making a concerted effort to continue investments in its model line-up and global expansion while closely monitoring market developments at home.
GAZ's parent company is Russian Machines, a diversified industrial and mechanical engineering company which manufactures a broad range of civilian machines and equipment controlled by one of Russia’s largest industrial groups, Basic Element. Automotive World spoke to Manfred Eibeck, Chief Executive of Russian Machines, about the balancing act required in today's turbulent market.
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