Archive
AVTOVAZ will increase workers’ salaries by 6.9%
RusAutoNews.Com – AVTOVAZ has announced 6.9% increase to tariff rates and salaries for its employees in Togliatti as of 01.07.2018. The adjustments will not affect the top management of the
Russia will abolish the anti-dumping duties on LCVs from Germany and Italy
Prime – Russia has informed the dispute resolution authority of WTO on the cancellation of the anti-dumping duties on Italian and German light commercial vehicles. The EU has welcomed the decision,
Hyundai is ready to make an investment of around $427 million in Russia
Prime – South Korean car manufacturer Hyundai is ready to make an investment of around 27 billion rubles (around $427 millions) within the framework of the special investment contract (SPIC)
Yandex autonomous car has completed the journey from Moscow to Kazan
RusAutoNews.Com – The autonomous car, developed by Yandex.Taxi has completed its first large distance journey, travelling from Moscow to Kazan, as reported by the company press office. The vehicle has covered
OEMs will receive subsidies as compensation for duty increases on components
Kommersant – The Ministry of Industry and Commerce has prepared a draft of new rules on subsidies for car makers. The amendment concerns the compensation payments for the 5-10% rise in
St. Petersburg automotive industry has grown by 9% in May 2018
RusAutoNews.Com – According to Auto-Dealer-SPb data, the share of St. Petersburg automotive industry in Russian car production has reached 24,1% during the January-May period of 2018 (last year: 26,7%). Hyundai, Nissan and Toyota
Hino is carrying out negotiations with the administration of Moscow region for truck production
RNS – “Hino, the department of Toyota for truck production, has approached us” – said the deputy chairman of the Moscow region government and the minister of investments and innovations of
AVTOTOR has launched the full-cycle production of Hyundai HD65 trucks
RusAutoNews.Com – As reported by the company press office, AVTOTOR car factory has started the serial production of Hyundai HD65 commercial vehicles in full-cycle. HD65 is the second Hyundai model manufactured
GAZ Group has supplied more than 500 LiAZ buses to Moscow in 2018
RNS – Likinsky Automobile Plant (LiAZ, part of GAZ Group) has supplied 539 LiAZ buses for the renewal of the transport fleet of Moscow’s Mosgortrans in 2018, as stated by the
PSA Group has expanded production at its Kaluga plant
RNS – PSA Group will start the production of the new versions of Citroen and Peugeot minibuses at its joint plant with Mitsubishi Motors in Kaluga, as stated by the company.