2014 statistics show that double blow by the devaluation of the ruble and inflation, rising costs of automobile manufacturing and sales have fallen sharply.
Russia auto industries are slashing production. Russia local car company AvtoVAZ automobile company suffered the biggest losses, because their cost of production of the LADA model cars 20% is used to import parts and components. Companies such as Ford, General Motors announced that its Russia’s factories cut production or shut down.
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