22 Mar Russia’s car tycoons look to China for a lifeline to restart production in bid to nurture Europe’s biggest vehicle market
Posted at 04:02h
in Asia
“I have a feeling they overestimated a bit their capabilities,” Sergey Burgazliev, a Russian-based independent consultant with more than 20 years of experience in the auto industry, said about the assets Art-Finance and Avtodom bought. For Chinese carmakers, exporting finished vehicles from the Asian nation...