{"id":1991063,"date":"2023-08-04T14:36:02","date_gmt":"2023-08-04T18:36:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/putin-cronies-excited-to-drive-modest-russian-cars\/"},"modified":"2023-08-04T14:39:27","modified_gmt":"2023-08-04T18:39:27","slug":"putin-cronies-excited-to-drive-modest-russian-cars","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/putin-cronies-excited-to-drive-modest-russian-cars\/","title":{"rendered":"Putin&#8217;s allies thrilled to ride &#8216;humble&#8217; Russian cars."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fputin-cronies-excited-to-drive-modest-russian-cars%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1991063&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Russian Officials Opt for Russian-Made Vehicles \u200bOver Luxury \u2062Imports<\/h2>\n<p>In a move that\u200c has garnered unanimous\u200b support, Russian officials have made the decision to \u2063drive Russian-made vehicles instead of luxury Western automobiles, according to\u2063 a senior Russian lawmaker.<\/p>\n<blockquote>\n<p>\u201cEveryone supports this decision,\u201d State Duma Speaker Vyacheslav Volodin \u2064said Friday. \u201cWe agreed that the deputies will use Moskvitch, Lada, Aurus cars.\u201d<\/p>\n<\/blockquote>\n<p>This newfound enthusiasm for supporting the local auto manufacturing \u200csector comes amidst an ongoing exodus of foreign auto companies, including Volkswagen,\u200c Renault, Mercedes-Benz, and Nissan. While some officials may have briefly desired these outgoing vehicles, Russian \u2064President Vladimir Putin\u2063 firmly rejected any requests to import them, deeming it &#8220;totally unacceptable.&#8221;<\/p>\n<blockquote>\n<p>\u201cAll Russian officials should be \u2064riding in domestically produced cars,\u201d Putin stated. &#8220;In some \u2062ways, they might be more modest than the cars we used\u2062 in the past. Not\u200d a big deal. On the contrary, it will be better.\u201d<\/p>\n<\/blockquote>\n<p>Russian authorities are \u200bcapitalizing on the Western exodus by implementing regulations on \u200bthe sale price of these departing companies.<\/p>\n<blockquote>\n<p>&#8220;Russian government rules make it difficult and expensive for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hemingway-what-did-foreign-companies-get-for-paying-biden-family\/\" title=\"Hemingway: What Did Foreign Companies Get For Paying Biden Family?\">foreign companies<\/a> to get\u200c approval to sell their assets in Russia,&#8221;\u2062 the Economist Intelligence Unit explained recently. \u200d&#8221;In December 2022, the foreign \u200binvestments subcommittee of the Ministry \u2063of Finance\u2064 announced its requirements for asset\u200b sales by companies from \u2018unfriendly countries\u2019. The rules include a requirement that the seller offers a discount of at least \u206450% on the assessed market\u2064 value, and then pays \u200ba &#8216;voluntary&#8217; transfer fee of 5%-10% of the sale price to the Russian federal budget.&#8221;<\/p>\n<\/blockquote>\n<p>Putin highlighted his &#8220;buy Russian&#8221; requirement during a meeting with representatives \u2064from Russia&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-commerce-secy-pick-takes-soft-stance-on-china\/\" title=\"Biden\u2019s commerce secy. pick takes soft stance on China\">manufacturing sector<\/a>, as the country aims \u2063to navigate the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/haley-blasts-biden-for-opening-businesses-to-iran-while-supporting-boycott-of-georgia\/\" title=\"Haley Blasts Biden For Opening Businesses To Iran While Supporting Boycott of Georgia\">economic sanctions imposed<\/a> by the United States and its allies in \u2064response to Russia&#8217;s involvement in the war in Ukraine.<\/p>\n<blockquote>\n<p>\u201cThis is a \u200cwartime economy,\u201d \u200dAmbassador James O\u2019Brien, who leads the State Department\u2019s Office of Sanctions\u200c Coordination, \u200bexplained. \u201cSo the Russian \u200bstate is propping up the Russian economy in an \u2064effort to rebuild Russia&#8217;s military for the long term. It&#8217;s not doing that well.\u201d<\/p>\n<\/blockquote>\n<p>Russian government\u2064 purchases play a significant role in the \u200bdomestic \u200deconomy, as acknowledged by Russian Industry and Trade Minister Denis Manturov.<\/p>\n<blockquote>\n<p>\u201cUnderstandably, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/putin-cronies-excited-to-drive-modest-russian-cars\/\" title=\"Putin's allies thrilled to ride 'humble' Russian cars.\">state-owned companies acted<\/a> as the main growth \u2062drivers through government procurement orders,\u201d he told Putin during a\u2064 meeting at the Kremlin. \u201cYou also <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-led-states-sue-biden-admin-over-expansive-climate-order-targeting-trump-legacy\/\" title=\"Republican-Led States Sue Biden Admin Over Expansive Climate Order Targeting Trump Legacy\">put special emphasis<\/a> on \u200dcar manufacturing. Indeed, this is a very important sector with a big multiplier effect for other sectors of the\u200d economy. Here\u200c we also see \u2064some recovery.\u201d<\/p>\n<\/blockquote>\n<p>The Kremlin chief expressed his confidence in the \u2062officials&#8217; commitment to this endeavor and their contribution \u2064to the\u200b nation&#8217;s progress.<\/p>\n<blockquote>\n<p>&#8220;Our officialdom is wonderful, and they should realize that we must strive to develop domestic brands \u200cof cars as well as \u200cother \u200cdomestically produced products,\u201d\u2064 he said. \u201dThis \u2062must be the prime direction \u2064for improving the standard of living.\u201d<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Russian officials unanimously choose to prioritize Russian-made vehicles over luxury Western cars, as confirmed by Vyacheslav Volodin, State Duma Speaker. The decision to use Moskvitch, Lada, and Aurus cars received widespread support. Meanwhile, Biden and Republicans engage in a battle to define the economy.<\/p>\n","protected":false},"author":1,"featured_media":1991064,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1991063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1991063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1991063"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1991063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1991064"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1991063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1991063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1991063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}