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Russia unveils new Marussia luxury sports car

23 December 2010 Last updated at 00:42 GMT

For decades the Lada has been the symbol of Russian cars: cheap, economical and very unfashionable.

But as Russia's first luxury sports car, the Marussia hopes to change perceptions of the country's motoring industry.

Nikolai Fomenko, Marussia Motors CEO, gave the BBC a few insights into the new car.