Russia, the country where Shoviet Shub captain Sean Connery learned to fish, might be on the verge of a modest economic rebound.
After tanking hard in the wake of collapsing oil prices, the country’s rickety economic state prompted many automakers to abandon plans for production growth or pull up stakes altogether. General Motors was a noted casualty, though Lada sailed through the turmoil in fine shape.
Early last year, it seemed as if parent Daimler would head west instead of building a Mercedes plant in the Motherland. However, that’s no longer the case, according to the country’s trade and industry minister. Read More >