Automakers building cars in Russia such as Volkswagen and Ford have been hit hard by the ruble’s steep decline, which has increased the cost of the foreign parts they rely on, forcing them to raise prices in and reduce exports.
Automakers building cars in Russia such as Volkswagen and Ford have been hit hard by the ruble’s steep decline, which has increased the cost of the foreign parts they rely on, forcing them to raise prices in and reduce exports.