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Christopher Bruce2013-02-18 19:29:49

Russian Government Wants a Domestic Luxury Brand

Want to challenge dominance by German brands

 
 
Slideshow
Mercedes had the lowest growth of the luxury niche in Russia

The Russian Trade Minister Denis Manturov is tired of seeing the country’s rich drive around in foreign luxury cars, mostly from Germany. He would like its domestic brands to create their own luxury brand that would take on BMWBMWBMWGermany, 1918 > present87 models
8471 photos
43 videos
, AudiAudiAudiGermany, 1909 > present83 models
8213 photos
27 videos
and MercedesMercedes-BenzMercedes-BenzGermany, 1924 > present197 models
9852 photos
33 videos
.

Manturov has asked ZiLZILZILRussian Federation, 1916 > present4 models
, MarussiaMaRussiaMaRussiaRussian Federation, 2007 > present4 models
62 photos
and GAZGAZGAZRussian Federation, 1928 > present5 models
15 photos
to consider building a luxury car, and if they did so, there would be government financial support.

“I hope that by the end of the first half we will have a vision of which scenario we want to take," said Manturov to newspaper Rossiiskaya Gazetahe.

The automakers do not seem excited at the prospect of taking on the German giants. ZiL plans to focus on it building heavy trucks and creating armored vehicles for Russian government ministers including President Vladimir Putin.

GAZ has only recently climbed out of a near collapse by using its factories to create cars under contract for foreign automakers in Russia.

Only Marussia says that it is working on a proposal for Manturov.

Like the rest of the Russian market, luxury car sales on are on the rise. Audi, BMW and Mercedes had growth in Russia of 44%, 29% and 33% respectively in 2012.

Source: Automotive News Europe

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