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The period of the utilisation programme has been extended till the year-end in Russia

Kommersant – Russian prime minister Dmitri Medvedev has signed the bylaw, proposing the allocation of an additional resource of 5 billion rubles, in order to finance part of production expenses

Government OEMs

Russian ministry of economic development foresees a shrinkage of 18-20% in car production in Russia in 2015

Prime – A Russian ministry of economic development report predicts a shrinkage between 18-20% in the automotive sector of the country, for 2015. The minister of industry and commerce Denis

Government

Russian government will offer protection to foreign car manufacturers against the exchange rate fluctuations

Kommersant – According to Kommersant newspaper via sectoral sources, the Russian government is getting ready to take measures, towards supporting the foreign car manufacturers making production in the country. Officials

Electric vehicles Government OEMs

Russia wants to promote electric car production

Vedomosti – Eurasian Economic Commission will pull down the tariff rates implemented on the imports of parts and components used in electric car production and electric filling stations, manufactured outside

Commercial vehicles Government

St. Petersburg administration has asked the government to reduce the tariffs implemented on components used in truck assembly

TASS – St. Petersburg city administration has asked the Russian Federation Ministry of Industry and Commerce for the reduction of the tariffs implemented on the components used in truck assembly

Government

Russian government will allocate 128 billion rubles for automotive this year

TASS – The amount allocated by the government of Russian Federation for the support of the automotive sector in the country will increase gradually, with the new programmes announced. The

Government Suppliers

Russian government may increase tariffs on car components

Izvestiya – Russian ministry of industry and commerce has proposed a series of measures against foreign products, within the frame of the import substitution programme. As assessed by the ministry,

Government

The Russian government will subsidise KAMAZ and AVTOVAZ in order to protect employment

TASS – The Russian government has allocated 1.87 billion rubles for employment protection in Tatarstan, Altai Krai, Samara and Tver regions in 2015. The aforementioned amount will prevent 35,000 people

Government Market

Russian government has allocated 25 billion rubles for the support of automotive sector

Vedomosti – The government of Russian Federation has allocated 25 billion rubles, in order to promote the automotive sector in the country. The aforementioned package covers areas such as; the

Government Market

Russian government has extended the period of the automobile utilisation programme

Interfax – Russian prime minister Dmitri Medvedev has signed the bylaw, extending the validity period of the automobile utilisation programme until the end of 2015. As reported by Interfaks, 3