Industry
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
Mazda Sollers will start SkyActiv-G engine deliveries to Japan
RusAutoNewsCom.- Mazda Sollers will launch the serial production of Mazda SkyActiv-G engines in Vladivostok and start the shipment of production to Japan, supplying Mazda Motor Corporation, as announced by
Peugeot-Citroen plans to localise engine and gearbox production in Russia
Finmarket.- The French car manufacturer Peugeot-Citroen PSA intends to localise the production of engines and gearboxes in Russia, within the framework of the planned SPIC, as told by the
Great Wall Motor will manufacture engines in Russia
RusAutoNewsCom.- A letter of intent has been signed between the Russian Ministry of Industry and Commerce Denis Manturov, the Governor of Tula Region Alexei Dyumin and the Chairman of
KAMAZ and Weichai Power have signed an engine production agreement
RusAutoNewsCom.- A trilateral agreement among Kamaz, Chinese corporation Weichai Power and the government of Yaroslavl region has been signed at St Petersburg International Economic Forum, as announced by Kamaz
