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Russia's Crisis Produces Paradox: Surging Luxury Car Sales

As Russia wrestles with an economic crisis, more and more Porsches and Rolls-Royces are appearing on its roads. It seems something of a paradox; while mass-market car sales in the country have tumbled along with the ruble and oil prices, one area is bucking the trend - luxury cars. Sales of Porsche, Bentley, Rolls-Royce and Lexus cars all rose last year, even as Russia sank into recession. "It's bizarre," said IHS Automotive analyst Tim Urquhart. "Even in the...

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