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Commercial vehicles Industry OEMs

Kamaz plans to establish a JV with Chinese Weichai Power

Kommersant – Kamaz plans to establish a joint venture with Chinese Weichai Power, for the purpose of engine production in Yaroslavl, according to the protocol of the Russian-Chinese intergovernmental commission on

Commercial vehicles Industry OEMs

Hyundai and Avtotor will invest $50 million in commercial vehicle production

RNS – Hyundai and Avtotor will invest $50 million in commercial vehicle production. Car manufacturer Avtotor and Hyundai Motor Company are signing an agreement, as to the full-cycle production of commercial

Commercial vehicles OEMs

Net profit of GAZ has increased by 18% in 2016

RNS – The net profit of GAZ Group has risen by 18.15% year-on-year in 2016 – to 78.7 million rubles, as stated by the company. The revenues increased by 34.5% –

Commercial vehicles OEMs

GAZ Group may revive the Volga brand

RusAutoNews.Com – GAZ Group may resume the production of Volga brand vehicles in medium-term, in the commercial vehicles segment. The relevant statement has been made by the chairman of board of

Commercial vehicles Market

Russian truck market has grown by 28% in February

Autostat – Russian truck market has grown in February. According to Autostat data, 4300 new trucks have been sold in Russia in February 2017, indicating a 28.1% year-on-year growth. The leader of

Commercial vehicles Market

Russian LCV market has grown by 19% in February

Autostat – According to Autostat data, the Russian new light commercial vehicle market (LCV) has amounted to 7100 units in February, following a 19.2% year-on-year rise. GAZ has kept its traditional

Commercial vehicles Industry OEMs

GAZ Group enters Iran and returns to Turkey

Vedomosti – GAZ Group plans to start bus production in Iran in 2017, as told by the company chairman Vadim Sorokin. “We are currently carrying out tests on our buses –

Commercial vehicles OEMs

FAW has started manufacturing new models in Russia

NAPI – Chinese car manufacturer FAW has started the production of a new crossover at AVTOTOR factory in Kaliningrad. The sales of Besturn X80 will begin in the beginning of April

Commercial vehicles Government

Russia has appealed to the WTO on the LCV dispute with the EU

Finmarket – As announced by the Russian Ministry of Economic Development, the Russian Federation has made an appeal to the WTO on 20 February, challenging the findings of the panel on

Commercial vehicles OEMs

NEFAZ CNG buses will be used during the World Cup

RusAutoNews.Com – A large party of CNG buses, manufactured by NEFAZ, which is a subsidiary of KAMAZ in Bashkiria, has been delivered to the Committee of Transport, Traffic Management and the