Business NewsPR NewsWire • Increased Localisation to Moderate the Effects of Ruble Devaluation on the Russian Automotive Industry

Increased Localisation to Moderate the Effects of Ruble Devaluation on the Russian Automotive Industry

Increased Localisation to Moderate the Effects of Ruble Devaluation on the Russian Automotive Industry

LONDON, Dec. 4, 2015 /PRNewswire/ -- The Russian automotive industry was hard hit by the economic downturn, with several automakers reducing their range of models and imports to the country. The eventual devaluation of the ruble has inflated production costs and rendered financing...

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