7/31/13

car tech automotive will get highest appreciation in Moscow

Moscow, - This is good clues for Russian automotive enthusiast and it's because of this that car tech automotive will get highest appreciation in  Moscow

Institute for Global Researchers Boston Consulting Group (BCG) said, Russia will become Europe's largest car market  and replace Germany in 2020. Causative factor, the level of demand for new vehicles continues to rise at the same time withstand the economic crisis affects Europe. Currently, Russia is at # 5 in the world, including car tech automotive.

General Motors, Volkswagen, Ford and Renault are ready to take advantage of the capabilities and commitment of business to invest in Russia by developing the car tech automotive. Growth in the number of middle class encourages the purchase of a new car. BCG results of this study also concluded that Russia will follow Brazil and China as the new mecca of the world automotive market will become the production base as well as by some of the world's major brands.

BCG predicts car sales in Russia rose an average of 6 percent each year until 2020 with the final total 4.4 million units, from 2.9 million years ago (2012). Russia will be ranked in the bottom five, China, USA, India and Brazil. Currently, Russia is still entrenched in seven Thereafter China, the U.S., Japan, Brazil, Germany and India. In 2009, Russia was in a group of 10 large.



Further explained, Russia needs greater effort to achieve that target. Because the obstacles that must be faced is the lack of industrial components and logistics costs are expensive.

Nikolaus Lang, a researcher said Russia could grow if the local government create a stable market. This feat can be accomplished more quickly if the financial crisis of 2008 did not happen.

Don't be underestimated now of the car tech automotive in Russia and let's see ten years again.