President Vladimir Putin met Volkswagen Chief Executive Matthias Mueller in Moscow on Wednesday and said he was ready to help the German car giant develop its business in Russia at a time of sliding sales and weak demand.
Putin said he understood the challenges the car maker faced in Russia, where the country’s once-booming auto market has fallen victim to a sustained economic downturn.
“We are very happy that your business as a whole is doing well, although we understand there are certain difficulties,” Putin said after the meeting, a rare face-to-face between the Russian leader and a major European industrialist after …read more
Source: Gulf times
