Yo-Auto To Manufacture Russia’s First Hybrid In 2012 [Video]

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Russian automaker Yo-Auto is promising to deliver the country’s first hybrid car in 2012. The company, founded by billionaire Mikhail Prokhorov, hopes to sell “peoples’ cars” for under $10,000 each for their first models. Now those vehicles for under $10,000 won’t be hybrids naturally given the price tag, but the pre-orders are allowing customers to… Continue Reading...

GM’s Uzbekistan Arm Helps Spur Growth In Russian Auto Market

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GM’s Uzbekistan Arm Helps Spur Growth In Russian Auto Market
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General Motors has its hands in all corners of the globe, and while most consumers know about their operations in Europe and South Koreas, their arm in the former Soviet Republic of Uzbekistan is shaping up to be quite the powerhouse in the all-important Russian market. Despite only being in existence since November, 2008 GM… Continue Reading...