Archive
Alliance Rostec Auto has acquired more than 96% of Avtovaz
Vedomosti. – Alliance Rostec Auto BV, the joint venture of Rostec and Renault-Nissan, has announced that the share of the company in the capital of Avtovaz has risen to 96.6%
Government has presented a new investment model for the automotive industry
Interfax. – The Ministry of Industry and Commerce has published a draft resolution of the government of Russian Federation, a new investment model, which intends to introduce a points system
Government will continue to support Russian Machines through government procurements
RNS. – The Ministry of Industry and Commerce plans to continue supporting Russian Machines of Oleg Deripaska through government and municipal procurements, as told by the minister of industry and
Hyundai met Russian automotive suppliers in Kaluga
RusAutoNewsCom. – Hyundai met Russian automotive suppliers in Kaluga, as reported by the Agency for Regional Development of Kaluga Region. The event “Hyundai Supplier Day” is organized by the Ministry
AVTOVAZ is going for delisting
RusAutoNewsCom. – Avtovaz will conduct delisting of company shares, as told by the head of Rostec Sergei Chemezov to journalists in Moscow on Monday, as reported by Interfax. “Delisting will
St Petersburg automotive industry has grown by 5% in August 2018
RusAutoNewsCom. – According to Auto-Dealer-SPb data, the share of St Petersburg automotive industry in Russian car production has amounted to 23.9% during the January-August period of 2018. Hyundai, Nissan and Toyota factories
Avtotor will start the production of Hyundai Xcient heavy trucks
RusAutoNewsCom. – As announced by Avtotor press office, Kaliningrad plant will extend the production of commercial vehicles. Hyundai Xcient heavy trucks will be added to the production line of the
Luxury car sales fell by 1% in August 2018
Autostat. – The Russian luxury car market has reached 118 units in August 2018, following a 1% year-on-year fall. The traditional leader of the market Mercedes-Benz Maybach S-Class has kept its
Cummins and Kamaz will develope electrified-power trucks and buses
RusAutoNewsCom. – As announced by the company press offices, Cummins and Kamaz have signed a memorandum of understanding for the development of electrified power solutions for a new product line
Russia will increase the duties on car components
Kommersant. – Russia has fulfilled its obligations to the WTO following several months delay: customs duties on car components will go up by 3-10%. The decision of the Council of the
