| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles

    SEARCH ARTICLES
    Custom Search


vertical line

Article Surfing Archive



Expansion Of Auto Industry In Russia - Articles Surfing

Undeniably, huge potential for growth exists in Russian automotive industry. Prominent western players, including FORD & GM, have already ventured in this sector. However, further opportunities continue to open up for both the manufacturers as well as component suppliers in this sector.

Growth in Russian automotive industry will have a significant impact on the growth prospects & restructuring in Central East Europe. Though largely unsuccessful yet numerous attempts have been made by foreign investors to enter the Russian market during the past decade. However, a few joint ventures are making a gradual progress in this market.

Today, Russian producers such as AvtoVaz, GAZ or SOK make up for more than 70% of current market demand in the country. However, international carmakers are anticipated to account for 60% of all new cars sold in the country by the year 2014. As, Russian market is bound to open up after the country gains entry into the WTO. Russian consumer preferences are turning towards global standards & spending power of people living in the country is also increasing.

Mainly two things are needed for continued growth in the automotive market in Russia. Firstly, automotive companies must device workable strategies & targeted management. Secondly, a stable economic and legal framework is required in the country if it wants to take advantage of low labor costs and the size of its economy.

To conclude, Russia is emerging as a main automotive base for exporting both the vehicles as well as components to the rest of the world.

To read more about the Russian automotive industry you can read the report "Russian Automotive Industry Forecast (2006-2011)" available at http://www.rncos.com/Other%20Industry.htm.

RNCOS is a leader in the field of online business research and specializes in industry research on various business verticals. To read our other reports, please visit us at http://www.rncos.com/Report.htm or email us at info@rncos.com

Submitted by:

James Marriot

James Marriot

RNCOS offers complete e-publishing solutions for your business. We provide personalized world-class content development and management solutions that are qualitative and result-oriented.



        RELATED SITES






https://articlesurfing.org/auto_and_trucks/expansion_of_auto_industry_in_russia.html

Copyright © 1995 - Photius Coutsoukis (All Rights Reserved).










ARTICLE CATEGORIES

Aging
Arts and Crafts
Auto and Trucks
Automotive
Business
Business and Finance
Cancer Survival
Career
Classifieds
Computers and Internet
Computers and Technology
Cooking
Culture
Education
Education #2
Entertainment
Etiquette
Family
Finances
Food and Drink
Food and Drink B
Gadgets and Gizmos
Gardening
Health
Hobbies
Home Improvement
Home Management
Humor
Internet
Jobs
Kids and Teens
Learning Languages
Leadership
Legal
Legal B
Marketing
Marketing B
Medical Business
Medicines and Remedies
Music and Movies
Online Business
Opinions
Parenting
Parenting B
Pets
Pets and Animals
Poetry
Politics
Politics and Government
Real Estate
Recreation
Recreation and Sports
Science
Self Help
Self Improvement
Short Stories
Site Promotion
Society
Sports
Travel and Leisure
Travel Part B
Web Development
Wellness, Fitness and Diet
World Affairs
Writing
Writing B