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Page added on October 30, 2008

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Russia: New cars stuck in limbo as crisis begins to bite

As the credit crisis spreads, car dealers are turning back deliveries of new vehicles. Hundreds of unsold cars line the road to Moscow as Renault Russia claims it has nowhere to put them. Truck drivers are threatening to block the road if the situation is not resolved.





So far no one, not Renault nor the Moscow or Tula governments, has lifted a finger to help. The truckers are surviving on money transfers from their wives.


At the end of their tether, they



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