Weak rouble boosts Russian auto industry exports

Fuyao Glass plant in Kaluga

Russian auto industry exports: Multinational automotive companies have begun  to export cars and car parts manufactured in Russia as the weak rouble brings down production costs,  the Deputy Editor of  the Vedomosti business magazine Alexander Gubsky said in a radio interview this week. 
Gubsky cited China’s Fuyao Glass Industry Group, the world’s second-largest producer of automotive glass, as an example after its CEO Shi Tzyun told a conference this month that his company had started exporting products manufactured at a plant in Russia’s Kaluga region to Germany, Belgium, France and Spain.
Russia’s domestic car market has experienced a sharp slump in demand during the past year with car  sales down 36 % year on year.