The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition looks at why car executives are seeing signs of something new in Russia: slow, steady -- nearly predictable -- economic growth.
This is great news for all automakers doing business in Russia, but it’s particularly positive for brands such as Renault and its Russian subsidiary, Lada maker AvtoVAZ, as well as Hyundai and sister brand Kia. These three dominant players are poised to profit most from the upswing. Our cover story looks at how high Russia’s car market is expected to rise.
Renault’s Mark Suss oversees the French automaker’s line of low-cost cars sold in Europe as Dacias and elsewhere as Renaults. Russia is one of the key markets for his part of the company’s business. He spoke about how Renault has turned selling budget cars into a highly profitable part of its business.