Industry
The construction of Hyundai WIA Rus engine factory has started
RusAutoNewsCom.- A ceremony has been held in St Petersburg marking the beginning of the construction of the Russian engine factory of Hyundai WIA, as reported by the press office
Lifan may leave the Russian market by the end of the year
Rambler.- Chinese car manufacturer Lifan may leave the Russian market by the end of 2020. According to the publication, the possible withdrawal of Lifan from the Russian market is
State support on automotive industry will exceed 45 billion rubles in Russia in 2020
Prime.- The amount of government support allocated to the automotive industry will exceed 45 billion rubles in the Russian Federation in 2020. The Ministry of Industry and Commerce will
CHANGAN has set up car assembly in Belarus
RusAutoNewsCom.- As reported previously in August 2019, one of the largest Chinese automobile concerns Changan has stopped the production of CS35 crossovers in Russia. The production of the model
Manturov has revealed the distinctive feature of the AURUS automobiles
RNS.- The intellectual rights of the entire components of Aurus automobiles belong to the Russian Federation, which is a distinctive feature of the project. The relevant statement has been
AVTOTOR will suspend BMW assembly due to components shortage
Kommersant.- BMW assembly will be suspended at Kaliningrad Avtotor plant as of mid-June, as told by the general director of Avtotor Ruslan Sadikov. A temporary backlash has occurred in
Manturov: Car production and sales will shrink by 15-30% in Russia in 2020
Prime.- Car production and sales will shrink by between 15-30% in Russia in 2020, however, it’s hard to make a more precise prediction as yet, said the Russian Minister
AVTOVAZ will develop new engines for Lada
Rambler.- Avtovaz will develop new engines for Lada. The current engine range of Avtovaz has not undergone major changes since 2018, when the management of the plant stated that
AVTOVAZ has suspended the financing of its projects
Rambler.- As believed by the representatives of Avtovaz, investments in the new projects will be frozen until 30 June. The order on the decision has already been signed at
FORD will put up properties from its closed plants in Russia for sale again
RNS.-Russian Federation Auction House (RAD) will organise a new series of auctions for the sale of properties from Ford plants in Vsevolozhsk, Naberezhnye Chelny and Elabuga at the end
