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The Russian car sales stimulus plan implemented since March 2010 may continue into 2011. It all depends on how successful it is for consumers to buy new cars. And Russian automakers cannot meet the strong domestic demand.
This year, Russia’s car sales increase by 20%. As of now, Russia is the fastest growing market for European car sales. Automakers like Volkswagen are eager to get a share in Russia.
At present, the Volkswagen Group has joined Russia's Sberbank to open auto loans in Russia. This is just the beginning of Volkswagen’s entry into the Russian automotive market. In addition, Volkswagen has performed well in the Chinese and Indian automotive markets.
According to foreign reports, the current "replacement of old ones" of the Russian government is in full swing, but it is difficult for Russian-made cars to meet the government's planning goals.