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12 of November, 12:31

Que Welt: the "decree 166" Putin saves Russian car market
Despite the unstable condition of the market complex and the difficulties experienced by the Russian economy, To market " all of a sudden there was a new hope ", writes the German magazine.

"Decree 166" (a Document that defines a new mechanism to support foreign car manufacturers, which localized production in Russia - approx. Ed.) is the force that will spur European avtopromyshlennikov to invest in the Russian Federation. The document indicated that any foreign manufacturer of cars has a chance to get preferential import duties provided that will produce in Russia 300 thousand cars a year. The document takes effect from next year, however, automakers were "quickly increase" investments in their production facilities in Russia even before the Ukrainian fall, reported in the publication.

"For Putin the Decree is one of his most greatest achievements in the field of economic policy. Ten years ago only a small part of sold in Russia of cars actually produced inside the country. Today they clearly make up the overwhelming number ", - writes the magazine.

As emphasizes que Welt, this is due to the fact that manufacturers and suppliers of parts and components benefit from a weak ruble creates favorable regulations For export. Despite the fact that most of the brands due to the fall in demand is not fully cut production, there is positive news. Before the Japanese components supplier German automaker Volkswagen said on the expansion of production in Central Russia. The automaker in early autumn opened a new factory for the production of engines in Kaluga, says the magazine.

sections: Politics

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