While China gets most of the attention for its rapid expansion, there's quite a
boom occurring to its north, meaning that Russian car
buyers no longer have to settle for Cold War leftovers
(although to be honest, GAZ-Volga has come a long way
from the vehicle pictured to the right). Ford
is spending another $30 million to double the capacity of their St.
Petersburg plant, which builds the Focus. Additionally, Renault
just completed a $250M plant in Moscow to build the
, DaimlerChrysler will
start producing Mercedes
in St. Petersburg by the end of the year, and Toyota
is eyeing the market as well with a
willingness to invest as much as $1 billion if demand is sufficient. It is projected that Russian auto sales
increase to 2.8 million vehicles per year by 2010.