Russia supports domestic car industry with new subsidies  [ Russia ]

The Russian government announced a new incentive program to stimulate the weak domestic car sales on August 28.According to the Ministry of Industry and Trade, the program will run from September 1 until the end of the year. The government has put aside 10 billion rubles (USD 272 million) expecting the program to increase production up to 173,600 vehicles.Individuals and companies are able to p...
<Aug 30, 2014>