New Russian limousine harks back to Soviet era 09.09.2019

  • Dubbed the Putin limo, the Aurus Senat is a Russian-built limousine in the shape of the famous ZIL sedan that once carried Soviet leaders.
  • The global luxury car market is expected to rise from its initial estimated value of $101 billion in 2018 to $246 billion by 2026, due rising levels of disposable incomes.
  • Sales of premium cars probably have peaked globally, threatening the business model of Germany’s luxury automakers, according to analyst Philippe Houchois, managing director of Jefferies Group.

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