W/S of crowd at SPIEF 2013

SOT, Bo Andersson CEO and President of GAZ group, "First, Russia is unique from the perspective that people buy anything. Living in the US for 15 years, you have typically 400 name plates available. Here we have 550. So there is no real preference over Sedans or hatch-backs or or pick-ups or sport-utilities."

W/S of business leaders

SOT, Bo Andersson, "Its my view that in Russia, Russia will the largest market in Europe, We have two and a half, or three and a half, or four million vehicles depending on what cycle you're in. Because still, only 200 people of a thousand people have a car. So I'm positive, I'm an optimist, and we have a role to play. But the most important thing is, we have 1.8 million GAZels customers on the road. Our first priority is to take care of them.

W/S of people walking around the forum

SCRIPT

Russia: Latest GAZ model ready to 'rev'-olutionize auto market

Bo Andersson, the CEO and President of GAZ Group, championed Russia's potential as Europe's largest market, Friday, at the International Economic Forum SPIEF 2013 in St. Petersburg.

Giving a comparative analysis, Andersson assured that Russia is ideal for a diverse economic market, specifically in regards to automobiles, "First, Russia is unique from the perspective that people buy anything. Living in the US for 15 years, you have typically 400 name plates available. Here we have 550. So there is no real preference over Sedans or hatch-backs or or pick-ups or sport-utilities."

"Its my view that in Russia, Russia will the largest market in Europe, We have two and a half, or three and a half, or four million vehicles depending on what cycle you're in. Because still, only 200 people of a thousand people have a car. So I'm positive, I'm an optimist, and we have a role to play. But the most important thing is, we have 1.8 million GAZels customers on the road. Our first priority is to take care of them," he said.

Bo Andersson is a Swedish American expat living in Russia and was appointed the president and CEO of GAZ Group in 2009. He was recognized and awarded "Best Market Newcomer" in 2009 after improving the GAZ Group company in production technologies, management practise and business processes.

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