Industry
Mazda and Sollers will start engine production for exports in 2018
RNS – The joint venture of Sollers and Mazda on the assembly of Mazda vehicles in Vladivostok plans to start petrol engine production in mid-September 2018, as stated by the co-owner
Russian tyre market has grown by 20% in 2017
NAPI – Russian tyre market has grown by 20.4% in 2017, with 51.3 million units. More than half of the tyres sold during the year were manufactured in Russia. The share
Renault Russia has exported the 30.000th Russian production body to Algeria
RusAutoNews.Com – Renault Russia has exported the landmark 30,000th welded and painted Russian production Renault Logan body to the Renault plant in Algeria (where the automobile is sold under the name
Ford Sollers is considering gearbox production in Russia
TASS – Ford Sollers is exploring possibilities to launch gearbox production in Republic of Tatarstan in Russia. The relevant statement has been made by the chairman of the joint venture:
AVTOVAZ plans to increase production by 12% in 2018
Prime – AVTOVAZ plans to increase the production of automobiles and car kits by 12% in 2018 to 565.300 units, according to the public declaration of the Samara Region Ministry of
Sollers Group and Isuzu Motors will invest 6 billion rubles in the new JV
RNS – Sollers Group and Isuzu Motors will invest 6 billion rubles (approximately $96 milion) in the establishment of a joint venture in Ulyanovsk on equal terms, as stated by
AVTOVAZ will recruit 250 new employees
Autostat – AVTOVAZ plans to recruit more than 250 new employees, as design engineers, project team leaders and project managers in various areas. “AVTOVAZ have plans to manufacture 12 new models
Vehicle production has been increased by 20% within the first quarter
RusAutoNews.Com – Vehicle production in Russia has been increased within the first quarter of 2018. According to ASM Holding data, 407.839 transport vehicles (trucks, cars, buses) have been manufactured in Russia within the January-March
The net profit of Sollers Group has shrunk by 38% in 2017
RNS – Sollers Group has made a net profit of 999 million rubles in 2017, according to IFRS, which is equivalent to a 37.6% year-on-year shrinkage, as stated by the group.
