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Could exports save Russian auto industry from a perfect storm?

The Russian auto industry is being encouraged to look outside of its domestic market for export ventures, BMI Research tells Freddie Holmes

Russia’s automotive industry has been hit hard by a continued economic downturn, with light vehicle sales falling 36% year-on-year in 2015 to 1.6 million units.

Instead of contesting with the hardships of producing for a struggling domestic market, BMI Research believes that the country could shift its efforts towards exporting

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