Putin gives Russia auto makers state loan guarantees
Russian Prime Minister Vladimir Putin pledged on Monday 13.6 billion roubles ($407.1 million) in state guarantees on loans to local car firms and ordered another 25 billion disbursed to AvtoVAZ ().
Truckmaker Kamaz () will get 4.6 billion roubles in state loan guarantees, while carmakers GAZ Group () and Sollers () will get 4 billion and 5 billion separately, Putin said on Monday.
Truckmaker Kamaz () will get 4.6 billion roubles in state loan guarantees, while carmakers GAZ Group () and Sollers () will get 4 billion and 5 billion separately, Putin said on Monday.
