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Industry OEMs

AVTOVAZ Board has approved the contract of loan signed with NISSAN

Vedomosti – AVTOVAZ Board of Directors has approved the two loan agreements signed with the Russia representative of Nissan Manufacturing Rus. It has been stated in the Board resolution that the

Industry

The number of suppliers in Togliatti Special Economic Zone is increasing

RusAutoNews.Com – The Supervisory Board of Togliatti Special Economic Zone (SEZ) has approved the projects submitted by two Japanese companies: Atsumitec Toyota Tsusho Rus, Hi-Lex Rus and Orhan Holding of

Industry OEMs

2 million vehicles have been manufactured in Russia within eleven months

RusAutoNews.Com – According to Russian Institute of Statistics: Rosstat data, more than 2 million vehicles have been manufactured in Russia within the January-November 2012 period. 1.8 million passenger cars and light

Industry OEMs

St. Petersburg car factories have broken a production record in November

RusAutoNews.Com – According to Auto-Dealer-SPb, the St. Petersburg car factories: Toyota, GM, Nissan and Hyundai  have manufactured a total number of 356,800 vehicles in January-November period of 2012 (+57%). The total

Industry OEMs

AvtoVAZ is increasing its investment in engine production

RusAutoNews.Com – AvtoVAZ has revised its development strategy for the year 2020. While the amount of funds to be allocated on the strategy remained unchanged, some alterations have been made on

Industry OEMs

Renault has acquired the complete ownership of Avtoframos Car Factory

Auto.vesti.ru –  Renault has purchased the remaining 5.9% shares of Avtoframos Car Factory, established in Moscow, from the government of the city. Thereby, the complete ownership of the factory has shifted

Industry OEMs Passenger cars

VW Group Rus has started the CKD production of Skoda Yeti in Russia

Vedemosti – VW Group Rus has started the CKD production of Skoda Yeti automobiles in the facilities belonging to GAZ, established in Nizhniy-Novgorod today. As one may remember, an 8-year term

Industry OEMs Passenger cars

Volkswagen is planning to make a new investment of €840 million in Russia

Finmarket – German automobile manufacturer Volkswagen is planning to make a new investment of €840 million in Russia in between the years 2013-2015. The relevant statement has been made by

Commercial vehicles Industry OEMs

GAZ Group will start GAZelle production in Turkey

IHA – GAZ Group will start GAZelle production in Turkey. The Sakarya plant of Russia’s light commercial vehicle manufacturer GAZ Group will commence operations with a ceremony, participated by Russian

Industry OEMs

Car production in St. Petersburg has increased by 18% in October

RusAutoNews.Com – Car production in St. Petersburg has increased in October. According to Auto-Dealer-SPb data, Toyota, GM, Nissan and Hyundai factories established in St. Petersburg have manufactured a total number of