OEMs
VW may stop cooperation with GAZ in case the US sanctions fully come into force
Finmarket.- German car manufacturer Volkswagen AG has warned GAZ about the termination of cooperation in the event of the US sanctions‘ implementation on the company in full as of
The production of the updated Ford Transit has started in Russia
RusAutoNewsCom.- Ford Sollers Elabuga has announced the launch of the production of the updated Ford Transit at the factory of the company in Elabuga Special Economic Zone. The first
KAMAZ has lowered its sales forecast in Russia
Interfax.- Kamaz has lowered its sales forecast in the Russian Federation to a maximum figure of 30,000 units for 2019. The relevant statement has been made by the general
Avtovaz predicts a slight shrinkage in the Russian car market in 2019
TASS.- According to Avtovaz forecast, the sales of passenger cars and light commercial vehicles will slightly fall in Russia in 2019, in comparison with the previous year. The relevant
GAZ Group has improved its LCV market forecast
Finmarket.- GAZ Group has improved its prediction on the light commercial vehicles market, following the government decree, instructing the allocation of 10 billion rubles on the purchase of school
Haval has become the leader amongst Chinese brands in Russia
Autostat.- Haval has sold 5849 automobiles in Russia within the first 8 months of 2019. As a result, the brand has become the leader of Chinese brands in the
Russian car market has declined by 1% in August 2019
RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian car market has decreased by 1.3%, or by 1843 units year-on-year in August 2019, and amounted to 145,545
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
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
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
