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Industry OEMs

Sollers has made a net loss of 136 million rubles at the end of H1 2019

  RusAutoNewsCom.- As announced by the company press office, the revenue of Sollers Group has increased to 15.1 billion rubles by the end of the first half of 2019, which

Government Industry OEMs

Rostec and NAMI Presented Ansat Aurus

Rostec.- Rostec’s Russian Helicopters Holding presented Ansat Aurus: the Ansat helicopter with a highly comfortable cabin in Aurus brand style for the first time at the MAKS 2019 International aviation

Industry OEMs Passenger cars

Creditors have demanded $270 million from Derways automobile plant

  RBC.- The creditors of Derways automobile plant in Karachai-Cherkesk have demanded the return of 17.9 billion rubles (approximately $270 million) from the company. The relevant data is filed in

Commercial vehicles OEMs

The net loss of Kamaz has reached 3.2 billion rubles at the end of H1 2019

  RusAutoNewsCom.- As reported by the company press office, Kamaz has made a net loss of 3.2 billion rubles according to IFRS within the first half of 2019, in contrast

Industry OEMs Passenger cars

Avtovaz will reduce the speed of its assembly lines

  Autostat.- Avtovaz plans to reduce the speed of a number of assembly lines on the conveyor of its Togliatti plant as of mid-September. Vedomosti has made the relevant statement,

Government Industry OEMs

Toyota will invest $300 mln in the development of its St Petersburg plant

  RusAutoNewsCom.- As reported by the press office of the St Petersburg City Administration, the details of the development of cooperation between the Administration and Toyota Motor have been discussed

OEMs

An additional amount of 3 billion rubles has been allocated on preferential car loan and leasing programmes

  Finmarket.-Russian Prime Minister Dmitry Medvedev has approved the allocation of an additional subsidy of 3 billion rubles on preferential leasing and purchase of automobiles, as stated in the document

Commercial vehicles Market OEMs

Russian LCV market has increased by 10% in July 2019

RusAutoNewsCom.- The Russian LCV market has amounted to 9902 units in July 2019, indicating a 10.0% year-on-year increase, as reported by Autostat. The traditional leader of the market GAZ has

Commercial vehicles Industry OEMs

UAZ will invest 7 billion rubles in a new platform for Patriot-2020

  Autostat.- Ulyanovsk Automobile Plant UAZ is working on the creation and launch of the advanced Patriot-2020 platform in cooperation with the Central Scientific Research Automobile and Automotive Engines Institute

Commercial vehicles Industry OEMs

The profit of Daimler Kamaz Rus has shrunk by 29% in 2018

  Finmarket.- Daimler Kamaz Rus has made a net profit of 962.5 million rubles in 2018, following a 29% year-on-year shrinkage. The revenue of the enterprise has risen by 11.5%