Russian auto market seen growing 12 percent this year: Kia
(WorldNews Business)

By Gleb Stolyarov and Jack Stubbs MOSCOW (Reuters) - Russia`s car market could grow by up to 12 percent this year, recovering faster than previously expected thanks to the improving economy, the head of Kia Motors` Russian business told Reuters on Friday. Alexander Moynov said Kia had previously seen Russian car sales growing 5-7 percent this year, but now expects them to reach between 1.57 million and 1.60 million vehicles, compared with the 1.43...