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OEMs Passenger cars

GAZ Group will start manufacturing Chevrolet Aveo in February

AutoVesti – GAZ Group will start the production of Chevrolet Aveo in Nizhniy Novgorod within a few weeks. According to the assembly agreement signed between GM and GAZ in February 2012,

Aftermarket Commercial vehicles

Components market for trucks in Russia is worth $9 billion

Autostat – According to the assessment published by Autostat, the components market for trucks in Russia has reached 226.3 million in 2011. The monetary value of this amount is equivalent to

OEMs Passenger cars

AvtoVAZ is planning to manufacture 800,000 automobiles in 2013

RusAutoNews.Com – AvtoVAZ Foreign Affairs Director Igor Burenkov has stated that the company is planning to increase production by 100,000 vehicles in comparison with the previous year, in order to reach

Market OEMs

BMW have sold over 40,000 vehicles in Russia in 2012

AutoVesti – BMW Director Friedrich Eichiner has spoken to Wall Street Journal, stating that the company is willing to reduce its dependency on the German market. 60% of automobiles manufactured by

Market

2.76 million new automobiles have been registered in Russia in 2012

RusAutoNews.Com – According to Autostat data, 2,760,327 new automobiles have been registered in Russia by the end of 2012 (+10.2%). LCVs are not included in this figure. The number of automobiles

Market

OEMs are not anticipating growth in Russian market this year

Vedomosti – Local and foreign car manufacturers operating in Russia have spoken cautiously about their evaluations on the Russian market for the year 2013. The Foreign Affairs Director of AutoVAZ Igor

Commercial vehicles Industry OEMs

KAMAZ production has increased by 6% in 2012

RusAutoNews.Com – KAMAZ production has increased by 6% in 2012. KAMAZ has manufactured 51,355 trucks in 2012. Thereby, compared to the year 2011, the annual production has increased by 6%. The

Market OEMs

AvtoVAZ sales declined by 7% in 2012

RusAutoNews.Com – According to the year-end figures, AvtoVAZ sales in Russia has declined by 7% in comparison with 2011 (537,625 vehicles). Lada Priora has become the most popular AvtoVAZ model in

Industry OEMs

AVTOVAZ Board has approved the contract of loan signed with NISSAN

Vedomosti – AVTOVAZ Board of Directors has approved the two loan agreements signed with the Russia representative of Nissan Manufacturing Rus. It has been stated in the Board resolution that the

Market

The growth of Yekaterinburg automobile market has come to a halt

RusAutoNews.Com – According to Auto-Dealer-Yekaterinburg agency data, 89,101 new automobiles have been sold in Yekaterinburg within the January-November 2012 period (+16%). The number of automobiles sold in November-only is 7703 (+1%).