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autos

They drove like people to whom the motorcar was new. They drove as they walked; and a stream of Tehran traffic, jumpy with individual stops and swerves, with no clear lanes, was like a jostling pavement crowd.

—V.S. Naipaul

Naipaul wrote these lines about Iranian drivers in revolution-gripped Tehran in the late 70s. But he might as well have been writing about Russian drivers today. The drive as they walk; on the sidewalk, through red lights, bumping into pedestrians. But that’s not what I’m here to talk about. See, while America’s auto sales have gone into a nosedive, Russia just surpassed Germany to become the largest automobile market in Europe this year. Russians bought as many cars in the first six months of 2008 as they did in the entire last year, 1.65 million to be exact. The luxury category has posted the biggest growth, adding hundreds of thousands of uber-expesive automobiles to Russia’s decrepit roads. (more…)

August 28th, 2008 | Comments Off on Russia’s Luxury Car Trend: the Beluga Bus