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OEMs

GAZ Group plans to launch four new products in 2015

Autostat – The chairman of one of the participants of the Russian Automobile Forum: GAZ Group Vadim Sorokin has told that the company launched 13 new products in 2014. The

OEMs

PSMA Rus will suspend production for two months

Zr.ru – Kaluga PSMA Rus factory will suspend the production of Citroen C4 sedan and Peugeot 408 between 27 April – 10 June. Falling demand has been shown as the

OEMs

Car production in St. Petersburg is on the decline for ten months

RusAutoNews.Com – According to data published by Auto-Dealer-SPb agency, St. Petersburg based Toyota, GM, Nissan and Hyundai factories have manufactured a total number of 54,200 vehicles within the January-February 2015

Government Market

Russian government has allocated 25 billion rubles for the support of automotive sector

Vedomosti – The government of Russian Federation has allocated 25 billion rubles, in order to promote the automotive sector in the country. The aforementioned package covers areas such as; the

Import Export

Car and commercial vehicle imports have declined by 46% and 67% respectively in Russia, during the January-February period

Autostat – According to Autostat data, 48,547 automobiles have been imported to Russia within the January-February period (-46%). Toyota has become the import leader with 11,111 vehicles (-3.9%). Hyundai occupies

OEMs

PSMA will lay off 40% of its Russian staff

Zr.ru – According to trade union sources, as reported by the TASS news agency, Kaluga based PSA Peugeot Citroen Mitsubishi car factory (PSMA Rus) will not renew the employment contracts

OEMs

Tesla electric cars have recorded a tenfold sales increase in Russia in 2014

Zr.ru – Tesla has become the most popular electric car in Russia, as of 2014. The sales figure is 82 vehicles. The price tag of Tesla starts from 6.4 million

OEMs

Volkswagen Kaluga factory is laying off staff

PBK – Volkswagen has decided to reduce the number of shifts at its Kaluga plant to two. The company press office has announced suspension to production on Fridays, during the April-June

Government Market

Russian government has extended the period of the automobile utilisation programme

Interfax – Russian prime minister Dmitri Medvedev has signed the bylaw, extending the validity period of the automobile utilisation programme until the end of 2015. As reported by Interfaks, 3

OEMs

Russian car production has shrunk by 17% in February

RusAutoNews.Com – According to Russian Federal Institute of Statistics: Rosstat data, 215,000 automobiles have been manufactured in the country within the first couple of months of the year (-20.6%). The February