Archive
The JV “Knorr-Bremse Kama” completely passed under the control of Kamaz
Kamaz News.- The German industrial group Knorr-Bremse AG has withdrawn from the capital of the joint venture Knorr-Bremse Kama. Previously, the German investor’s share in the company was 50%.
The State Duma has legalized parallel imports
RusAutoNews.- The State Duma passed a law legislating the possibility of importing goods into Russia without the consent of brand owners (so called parallel imports), as reported by Finmarket. The
Volkswagen has notified Russian dealers of a long suspension of production
Rambler.- Volkswagen Group does not plan to resume car production in Russia in near future. This is reported by the head of the VW Passenger Cars brand, Mikhail Arndt,
Volkswagen has offered payoffs for employees in Nizhny Novgorod
Kommersant.- Volkswagen has offered its employees in Nizhny Novgorod to voluntarily resign with a severance payment of six salaries, Kommersant learned from one of the unions at the plant.
Vehicle production in Russia has decreased by 43% within four months
RusAutoNews.- Vehicle production in Russia has decreased by 42.9% year-on-year within the first four months of 2022. According to ASM-Holding data 320.4 thousand transport vehicles (passenger cars, commercial vehicles,
Russian car market has decreased by 84% in May 2022
RusAutoNews.- As announced by the AEB Automobile Manufacturers Committee, the Russian car market has decreased by 83.5%, or 123,110 units year-on-year in May 2022, to 24,268 vehicles. Within the first
