Flash Reports

Russian Ministry of Industry refused to renovate subsidies car loans.

Ministry of Industry does not intend in the near future to renew the program of government subsidies for car loans, despite its obvious success in stimulating sales of passenger cars in 2009 and 2013. The Minister Denis Manturov also said: “It is possible that state aid will be aimed now at supporting truck and bus transport, while taking into account environmental standards with the infrastructure development for gas fuel”.

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