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05.06 Mr. Kudrin: Bank Recapitalization Should Resist the Second Surge of Crisis
05.06 Mr. Kudrin: the Dollar Exchange Rate Will Exceed 30 Roubles
05.06 Mr. Medvedev Considers Inflation to be the Main Problem of Russia
05.06 The Russian Stock Exchanges Will Overtake World Boards
04.06 In St. Petersburg There Will Be a Unique World Branded Hotel
04.06 Putin Has Pointed to Have Shut Down Gas
04.06 Has The Real Estate Got Out of Fashion?
04.06 Experts: Restoration of the Russian Economy Will Begin by the End of the Year
03.06 Opening Remarks at Meeting on Economic Issues
02.06 Magna Would Branch out a Factory in St. Petersburg in the Spring of 2010
02.06 Nissan Has branched out a Factory in St.Petersburg
01.06 The Share Market is “Skyrocketing”
01.06 Automobile Lending Cutback Four Times
01.06 The Head of the IMF Warrants the Inflation in Russia Will Reduce Progressively
01.06 Mr. Putin Says: the IMF Should Aid Ukraine with Gas
28.05 Foreign Investments into Russia Cut in Third for a Quarter
27.05 The External Economic Bank (Vnesheconombank) Alters Stocking Geography
Financial news
Russians Abandon Bentley
13 мая 2009 г.
Russian zillionaires’ warm to bravery comes down with a run. According to official data, in the first quarter of the current year only 18 vehicles of the eminent British mark “Bentley” were imported in Russia.
Experts say, that there become less wishing to part with $350-650 thousand for a single car.
It will be recalled that “Bentley” peak sales were reached in 2006 - then dealers realized 265 cars. Coupe Continental GT was a bestseller, since it is extremely among pop-stars. Annual returns in the year 2007 were slightly modest - only 236 realized sedans and coupe.
Financial crisis affected result of the year 2008 – since the main consumers were bleeding cash, sales fell almost by one third up to 168 machines. This year the sales are expected to be collapsed. On the experts’ opinion, in the current year there might be sold 50-70 Bentley vehicles because of crunch.
Analysts mark, that the British company now would have to put their stakes on other export directions. So, during the last year there were sold more than 500 “Bentley” cars on the fast-growing Chinese auto market that is 45 % more than in the year 2007. This success allowed China to turn flank Japan and to become the fourth large market of “Bentley” in the world. At the present time Britain and German sales are superior to those in China.
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Dmitry Medvedev addressed the St Petersburg International Economic Forum's plenary session
Mr. Kudrin: Bank Recapitalization Should Resist the Second Surge of Crisis
Mr. Kudrin: the Dollar Exchange Rate Will Exceed 30 Roubles
Mr. Medvedev Considers Inflation to be the Main Problem of Russia