RUSSIAN CAR MAKERS TO RECEIVE OVER $350 MLN TO LOWER PRODUCTION COSTS — PM
The funds are to enable manufacturers to reduce accumulated losses and operating costs A total of 23 bln rubles ($354.5 mln) worth of budget funds will be allocated for car makers in a move to reduce production costs, Russian Prime Minister Dmitry Medvedev said Thursday. “The car production costs will be partially compensated for,” he…