Industry
Government will subsidise the car transportation costs from Vladivostok
RNS – The Ministry of Industry and Commerce will subsidise the car transportation costs of the new joint venture of Mazda and Sollers at the Far Eastern Federal District in
Renault and Rostec will convert 61.4 billion RUR debt of AVTOVAZ to capital
Finmarket – French car manufacturing giant Renault and Rostec Group have assigned 61.4 billion rubles worth of receivable accounts and loans of the Dutch Alliance Rostec Auto BV (joint venture of
KAMAZ assembly has started in Uzbekistan
RusAutoNews.Com – As announced by the company press office, KAMAZ assembly has started in Uzbekistan. The model range of trucks, assembled in Uzbekistan has been presented in Tashkent. The presentation has been
The production of Hyundai Sonata and the new BMW X3 has started at Avtotor
RusAutoNews.Com – As reported by the Avtotor press office, the car plant in Kaliningrad has launched the serial production of the third generation BMW X3 crossover on 27 March 2018.
FAS has given permission to the JV of Rostec and Renault-Nissan for the purchase of more than 75% of AVTOVAZ
RNS – The Russian Federal Antimonopoly Service (FAS) has approved the application made by Alliance Rostec Auto (joint venture of Rostec and Renault-Nissan Alliance) for the purchase of more than 75%
St. Petersburg automotive industry has grown by 21% in February 2018
RusAutoNews.Com – According to Auto-Dealer-SPb data, the share of St. Petersburg automotive industry in Russian car production has reached 24,7% during the aforementioned period (last year: 27%). Hyundai, Nissan and
AVTOVAZ plans to switch to a new design on all Lada models until 2026
RNS – AVTOVAZ plans to switch to the new X-Face corporate design on all Lada models until 2026, as told by the Design Director of Lada: Steve Mattin to RNS. “We
The development strategy for Russian automotive industry has been approved
Autostat – Prime minister Dmitry Medvedev has approved the document prepared by the Ministry of Industry and Trade on the strategy for the development of Russian automotive industry until 2025, following
Russian OEMs will receive 1,8 billion USD industrial subsidies in 2018
RNS – The Russian Ministry of Industry and Commerce will allocate more than 102 billion rubles (appox. 1,8 billion USD) of industrial subsidies for car manufacturers in 2018, as told by the
Hyundai will build an engine factory in Russia by 2021
Interfax – Korean Hyundai plans to construct an engine factory with a capacity of 150,000 units in St. Petersburg, according to the presentation made by the company. As stated in the
