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Coskunoz Alabuga factory has been opened with a ceremony

Avtostat. – Coskunoz Alabuga factory has been opened with a ceremony. Turkish manufacturer Coskunoz has opened its Elabuga factory on 29 August, with a ceremony attended by the president of

OEMs

Toyota will start the production of new Camry in Russia in November

Auto Business Review – The director of Toyota Motor Russia factory: Yesinori Matsunaga has announced that the production of the renewed Camry will start in Russia in November. The rearrangement

Government Market

Russian government is restarting the vehicle utilisation programme

Vedomosti – Russian government is resuming the utilisation programme as of 01 September, in order to promote the shrinking vehicle market. The minister of Industry and Commerce: Denis Manturov has stated

Government Market

Russian government is restarting the vehicle utilisation programme

Vedomosti – Russian government is resuming the utilisation programme as of 01 September, in order to promote the shrinking vehicle market. The minister of Industry and Commerce: Denis Manturov has

Market

Russian vehicle market will continue shrinking due to economical and political reasons

Vedomosti – Russian new car and light commercial vehicle market will shrink by minimum 10% in 2014, in comparison with the previous year. This prediction, belonging to Renault Russia general director:

Market

Russian vehicle market will continue shrinking due to economical and political reasons

Vedomosti. – Russian new car and light commercial vehicle market will shrink by minimum 10% in 2014, in comparison with the previous year. This prediction, belonging to Renault Russia general

Suppliers

Italy has permitted Rosneft to purchase 13% share of Pirelli

Kommersant – Italian Competition Authority (AGCM) has approved the purchase of 50% share of Camfin SpA by the Russian petrochemistry company Rosneft. Camfin SpA was the holder of 26.19% share

OEMs

Lifan will establish a car factory in Kaluga

RBK – Chinese Lifan is getting ready to establish a car factory in Kaluga Region, with an investment of $150 million. According to JustAuto, an agreement has been signed between the

OEMs

GM is reconsidering the growth plans at its St. Petersburg factory

Prime – General Motors has announced that the growth plans at St. Petersburg factory are being reconsidered. The company has made the following statement: “In relation to the current situation of

OEMs

AVTOVAZ will cut production due to crisis

RBK – AVTOVAZ is planning to cut production by 25,000 in Autumn. The company has taken this decision due to declining automobile sales. However, the staff will continue working without