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OEMs

Toyota will start the production of new Camry in Russia in November

Auto Business Review – The director of Toyota Motor Russia factory: Yesinori Matsunaga has announced that the production of the renewed Camry will start in Russia in November. The rearrangement

Government Market

Russian government is restarting the vehicle utilisation programme

Vedomosti – Russian government is resuming the utilisation programme as of 01 September, in order to promote the shrinking vehicle market. The minister of Industry and Commerce: Denis Manturov has stated

Government Market

Russian government is restarting the vehicle utilisation programme

Vedomosti – Russian government is resuming the utilisation programme as of 01 September, in order to promote the shrinking vehicle market. The minister of Industry and Commerce: Denis Manturov has

Market

Russian vehicle market will continue shrinking due to economical and political reasons

Vedomosti – Russian new car and light commercial vehicle market will shrink by minimum 10% in 2014, in comparison with the previous year. This prediction, belonging to Renault Russia general director:

Market

Russian vehicle market will continue shrinking due to economical and political reasons

Vedomosti. – Russian new car and light commercial vehicle market will shrink by minimum 10% in 2014, in comparison with the previous year. This prediction, belonging to Renault Russia general

Suppliers

Italy has permitted Rosneft to purchase 13% share of Pirelli

Kommersant – Italian Competition Authority (AGCM) has approved the purchase of 50% share of Camfin SpA by the Russian petrochemistry company Rosneft. Camfin SpA was the holder of 26.19% share

OEMs

Lifan will establish a car factory in Kaluga

RBK – Chinese Lifan is getting ready to establish a car factory in Kaluga Region, with an investment of $150 million. According to JustAuto, an agreement has been signed between the

OEMs

GM is reconsidering the growth plans at its St. Petersburg factory

Prime – General Motors has announced that the growth plans at St. Petersburg factory are being reconsidered. The company has made the following statement: “In relation to the current situation of

OEMs

AVTOVAZ will cut production due to crisis

RBK – AVTOVAZ is planning to cut production by 25,000 in Autumn. The company has taken this decision due to declining automobile sales. However, the staff will continue working without

OEMs

Great Wall Motors has started the construction a factory in Tula

RBK – Great Wall Motors has started the construction of its Tula factory with a ceremony. The factory had purchased 216 hectares of land in Tula for the construction of