Investment Climate in St. Petersburg and Leningrad Oblast

Russian Automotive Market Passenger car market sales estimated at over US$50 billion in 2007 New foreign brands sales (both imported and locally produced) estimated at more than US$40 billion Russian brand sales fell to US$6 billion Car market (US$ billion) 60 50 40 30 20 10 0 2005 + 57% +44% 2006 2007 September 4, 2008 8 Investment Climate in St. Petersburg and Leningrad Oblast Used imports New foreign cars Russian cars ERNST & YOUNG Quality In Everything We Do

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