Made in Russia? Chinese Cars Drive a Revival of Russia's Auto Factories usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Made in Russia? Imported kits drive a revival of Russia's auto factories cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow's mayor as showing the resilience of Russia's auto industry to Western sanctions. "This is a historic event," Sergei Sobyanin said as the Moskvich was unveiled at a factory the Moscow government took from French carmaker Renault last year for just one rouble ($0.01). But the rebirth of the Moskvich is also a sign of China's growing sway over an important sector of Russia's economy.
By Gleb Stolyarov and Alexander Marrow (Reuters) - The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was ce.