Russia's Attempt to Attract Auto Manufacturers

PALO ALTO, Calif., Jul 29, 2008 (BUSINESS WIRE) -- The Economic Research and Analytics (ERA) division at Frost & Sullivan is pleased to announce its 2008 Quarterly Analyst Briefing Presentation on the Russian automotive market to be held on Thursday, July 31, 2008 at 8:00 a.m. PDT.
The Russian automotive industry lags behind in auto manufacture technology. Consequently, the demand for new car imports continues to increase as Russian auto manufacturers struggle to meet domestic consumers' wants and needs. The presentation discusses growth in the Russian auto market, identifies opportunities and key industry variables. In the wake of globalization of automotive production bases the briefing assesses macro economic trends, trade and investment trends in the context of an increase in car sales and change in consumer preferences.
The presentation will benefit vehicle manufacturers, component manufacturers, distributors, industrial automation suppliers, and automotive logistics service providers. Highlights of the briefing include: a synopsis of the Russian automotive and transportation industry and an analysis of political support and policy initiatives for the Russian automotive industry.
"Four types of vehicle manufacturers inhabit the Russian automotive industry - dominant domestic Russian players that continue to lose market share, foreign OEMs who collaborate with Russian players and foreign OEMs that venture into the Russian auto industry alone, without domestic partners," observes Frost & Sullivan Research Analyst R. Sagitha. "The government's automotive decrees and Russia's possible accession to WTO have implications for Russia's future as an assembly base."
To participate, please email Stephanie Ochoa, Corporate Communications, at stephanie.ochoa@frost.com with the following information: your full name, title, company name, company telephone number, company e-mail address, city, state and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
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SOURCE: Frost & Sullivan