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Industry OEMs Passenger cars

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

Commercial vehicles Industry

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

Industry OEMs

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

Commercial vehicles Industry Passenger cars

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

Industry OEMs

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.

Industry OEMs Passenger cars

AVTOVAZ has made a quarterly profit for the first time since 2016

Vedomosti – AVTOVAZ has made a net profit of 609 million rubles according to IFRS within the first quarter of 2017, in contrast with last year’s 2,8 billion rubles loss

Commercial vehicles Industry OEMs

GAZ Group will start vehicle assembly in Azerbaijan

RNS – GAZ Group has signed an agreement with AzerMash in Baku, proposing commercial vehicle assembly, as told by the Russian company to RNS. The construction of a facilty is

Industry Market

Russian government predicts 10% growth in automotive industry in 2018

Finmarket – Russian government predicts 10% growth in automotive industry in 2018. The Russian Ministry of Industry and Commerce forecasts a sales figure of 1.638 million cars in 2018. According to the

Industry Passenger cars

St. Petersburg automotive industry down by 9% in March 2018

RusAutoNews.Com – According to Auto-Dealer-SPb, the share of St. Petersburg automotive industry in Russian car production has amounted to 23,7% during the January – March 2018 period (last year: 26,7%). Hyundai, Nissan and

Industry Suppliers

Continental tire plant in Kaluga produces the 10-millionth tire

RusAutoNews.Com – As reported by the company press office, Continental tire plant celebrated the production of its 10,000,000 tire at its plant in Kaluga, only five years after the start