Sunday

Cheap City Car in Russian

| Sunday |

- Moscow, Russian billionaire Mikhail Prokhorov who is also one of the world's richest people seem to dream of making his own car. Through his company Onexim Group, kickboxing fans this guy going to make a city car. City-engined car can be a hybrid or even electricity. The plan, as reported by Inside Line, Onexim Group, will perform their production at their factory in Auto Motor Yarovit. Russian media said that Onexim will use sophisticated technology to develop the city car, and so far the designs in the works. His name is also a billionaire, the investment was not half-hearted, Onexim will invest as much as U.S. $ 141 million, with the hope that car prices are in the range of U.S. $ 12.500, Although many parties had estimated this project will not succeed, but the trend of demand for cheap cars in Russia would make a significant success. If a real launch, Onexim certainly have to deal with other automotive giants in Russia, like GM, Mitsubishi and Volkswagen, which also plans to build a car for only U.S. $ 10,000 in two years. Prokhorov may not have experience in the automotive business, but he became famous for his interest in various projects that innovative. In fact, he also became famous in the U.S. because he wanted to buy one of the NBA basketball club, the New Jersey Nets.