Industry
The production of Renault Arkana will start in Moscow
RNS.- The production of Renault Arkana coupe-crossover starts at Renault Russia plant in Moscow on 18 July, as reported by the Ministry of Industry and Commerce press office. “As
AVTOVAZ produces millionth car on its B0 assembly line
RusAutoNewsCom.- As announced by the Groupe Renault press office, the millionth vehicle has come off the B0 Line, one of the Avtovaz’s three assembly lines in Togliatti plant. One
Autocomponent Group has resumed component supplies to AVTOVAZ
Vedomosti.- Autocomponent Group has announced resumption of component supplies to Avtovaz in full scale, as stated by the company. In addition, an agreement has been reached on further cooperation
PSMA Rus has signed an MoU with Coskunoz on the supply of body parts
speedme.ru.- PSMA Rus has signed a memorandum of understanding with Turkish Coskunoz company on the supply of body parts. Coskunoz company is the owner of the Coskunoz Alabuga factory, which
Autocomponent Group has stoped component deliveries to AVTOVAZ
RusAutoNewsCom.- The supply of components to Avtovaz plants in Togliatti and Izhevsk was interrupted due to the inconsistency in new prices for parts, as told by the director of
Sollers will purchase $75 million worth of shares in the JV with Ford
RNS.- Russian car manufacturer Sollers will acquire a share of 51% in the JV with Ford for $75 million according to the statement of the company on the corporate
The US Treasury has extended the deadline for the completion of share transactions with GAZ Group
RNS.- The US Treasury has re-extended the deadline for the completion of the share transactions with GAZ Group until 8 November 2019. The relevant statement has been made by
St. Petersburg automotive industry has shrunk by 9% in May
RusAutoNewsCom.- According to Auto-Dealer-SPb data, the share of St Petersburg automotive industry in Russian car production has amounted to 24.5% within the January – May period of 2019. Hyundai,
Government has approved Special Investment Contract applications of 5 OEMs
Kommersant.- The Interdepartmental Commission on Special Investment Contract (SPIC) has approved the applications of Volkswagen, PSA, GM-AvtoVAZ, Volvo Trucks and Avtotor. The manufacturers have to sign the SPIC by
KAMAZ plans to launch the mass assembly of trucks at its factory in Vietnam
TASS.- Kamaz plans to launch the mass assembly of trucks at its plant in Vietnam in 2020, as told by the General Director of the Company Sergei Kogogin to
