Home › GM, Audi and Jaguar halt car sales in Russia on ruble's collapse
 

Keywords :   


GM, Audi and Jaguar halt car sales in Russia on ruble's collapse

2014-12-18 14:38:31| Auto Dealers - Topix.net

MOSCOW -- General Motors Co., Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse. Automakers are battling a more than 40 percent drop in the value of the ruble since June, Russia's biggest financial crisis since 1998.

Tags: on sales car russia

Category:Automotive

Latest from this category

All news
»
29.06Atlantic Tropical Weather Outlook
29.06Eastern North Pacific Tropical Weather Outlook
28.06What we learned from IT expert at Post Office inquiry
28.06M&S to launch clothing repairs service
28.06Tropical Depression Two Graphics
28.06Tropical Depression Two Public Advisory Number 1
28.06Summary for Tropical Depression Two (AT2/AL022024)
28.06Tropical Depression Two Forecast Advisory Number 1
More »