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It seemed like a good idea at the time, but with hindsight being 20-20, how many failed ventures can be summed up by that same excuse? Just last year, Russia was looking to foreign investors as one of the most promising emerging markets in the world. Renault got locked into a bidding war with ...
Kamaz Dakar rally team in Moscow's Red SquareWhile competition between local automakers may have worked in individual markets in the past, that same fragmentation is one of the chief elements hampering the global competitiveness of carmakers hailing from emerging markets. China's automakers have ...
var digg_url = 'http://digg.com/business_finance/Renault_enters_strategic_partnership_with_Russia_s_AutoVAZ'; Last year, AutoVAZ said it was looking to purchase platforms from a European auto manufacturer for use in a range of new products. Earlier today in Togliatti, Russia the search came to ...