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New automobile and light commercial vehicle market has shrunk by 42.7% in Russia in November
RusAutoNews.Com – According to Association of European Businesses (AEB) data, 131,572 cars and light commercial vehicles have been sold in Russia in November. This means a 42.7% year-on-year shrinkage. The sales
Avtovaz liquidates the VMZ machine building plant
RusAutoNews.Com – According to Interfax, Avtovaz has made the decision to liquidate the Volga Machine Building Plant (VMZ). VMZ supplied Avtovaz with necessary components for automobile assembly and technological equipments.
“Russian market may start growing in 2017”
RusAutoNews.Com – According to the prediction published by Frost & Sullivan, 1.6 million new automobiles will be sold in Russia in 2015 (-36%). The company report states that factors such
Ukraine has levied customs taxes between 10%-18% to automobiles imported from Russia
Interfax – Ukraine has levied custom taxes between 10%-18% to automobiles imported from Russia. The relevant government commission has stated that the tax will remain in force for 5 years.
Atsumitec Toyota Tsusho Rus has started production in Tolyatti
Autostat – Japanese automotive supply industry company Atsumitec has started test production at Tolyatti Special Economic Zone (SEZ). The company will supply manual and automatic gearbox mechanisms for the production
Crisis with Turkey may hit Russian automotive
Vedomosti – Avtovaz-Renault-Nissan alliance has almost completed the organisation of the component supplies from Turkey, as told by sources close to the alliance to Vedomosti newspaper on Tuesday. One of
