
Ford motor company's sales are up 54%! And Ford has more than 11% of the market share since launching local production of its Ford Focus in 2002.
On an average day in 2005 one local car dealer sold 15-20 Mitsubishi cars or Hyundai autos at $15,000 to $60,000 a pop.
So, where are sales so hot?
Russia.
Last year, Russia drew $16.7 billion in foreign investment, a record, and up 38% from the previous year.
Coca Cola burped up $600 million to buy a Russian fruit-juice company. I have tasted Russia's juice and it needs help. Though I am not sure Coca Cola is the answer.
Heineken belched up $750 million in purchases.
There was also some serious investment in car production by Toyota and VW .
Are you planning on doing business in Russia?
Why not?










I loooove the writing style. Burp and belch made me laugh. So apt and yet... witty way of making what could have easily been a hohumm report more interesting.
Posted by: Melissa Petri | March 27, 2006 7:58 AM | Permalink to Comment