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The Ministry of Industry and Commerce expects 7% growth in Russian automobile industry in 2017

RNS – The Ministry of Industry and Commerce forecasts 7% growth in Russian car production, as told by the minister of industry of commerce Denis Manturov to journalists on the

Government

The sanctions have spurred the Russian industry according to the Minister of Industry and Commerce

RNS – The sanctions imposed against Russia by the West and the counter-sanctions implemented by Moscow have geared up the agricultural, engineering and pharmaceutical industries in the country, as stated by

Government Import Export

Russian Government plans to boost car exports to 240,000 vehicles in 2025

Kommersant – The Ministry of Industry and Commerce has announced a development strategy for car exports until 2025. According to the baseline scenario, an annual export growth of $4.9 billion is

Government

FPI has selected the company for the creation of the Russian flying car

RIA Novosti – A flying automobile will be built in Russia, with the capability of vertical take-off and landing. The vehicle will be created by PromServis company in Moscow Region. The

Government Import Export

The conditions for export subsidies in Russia have changed

Vedomosti – The industrial assembly agreement now gives the right to claim up to 20% of the transportation costs as compensation from the budget during the exports of automotive products, as

Government Market

The government has proposed a new method of support for Russian automotive industry

Vedomosti – The Russian Tractor programme, planned to be launched in 2017, will be implemented within the frame of another existing state programme: preferential leasing, as told by the Deputy Minister

Government Market

150,000 automobiles have been sold since the turn of the year, assisted by government support programmes

RNS – Almost 150,000 automobiles have been sold in Russia from the beginning of the year till 29 March, within the frame of the demand stimulation programmes, as told by the

Government

The Ministry of Industry and Commerce expects 8% growth in Russian automobile industry in 2017

Kommersant – The Ministry of Industry and Commerce expects 8.4% rise in Russian car production in 2017, to 1.4 million units. The production will increase relatively evenly amongst the segments, each

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

Government OEMs

Isuzu is getting ready for the launch of heavy truck production in Ulyanovsk

Finmarket – Isuzu plans to start the production of heavy trucks at the end of February 2017, at its production site in Ulyanovsk, as told by the general director of Isuzu