Further news growth in the Russian market has come from Renaissance Capital, the Moscow based investment group. Their automotive and transport team predict that Russia will be the #1 car market in Europe in 2008 with 3.3mln cars being sold. Eduard Faritov, Transport Analyst at Renaissance Capital, said: “We are observing incredible change in demand [...]

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Yandex has announced a new vertical search engine for car sales in Russian, found at: http://auto.yandex.ru/. . They are collecting adverts from all leading Runet car sites and aggregating them within the one search. The information and pictures are updated several times per day and the system can present results closest to the user’s location. [...]

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