News
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
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%).
KAMAZ and Marcopolo started bus production in Neftekamsk
RusAutoNews.Com – Russian KAMAZ and Brazilian Marcopolo partnership has started manufacturing Bravis model small-class buses in Neftekamsk Car Factory, established in Bashkortostan. The passenger capacity of 8-metres-long Bravis buses is 8
Schaeffler will establish a factory in Ulyanovsk
AutoBusiness Info – German automotive supply industry manufacturer Schaffer AG is getting ready to establish a factory in Ulyanovsk region. The company will manufacture components for clutches and engines and belt
GAZ Group and Bulten are going into partnership
RusAutoNews.Com – GAZ Group and Bulten of Sweden have signed an agreement proposing the establishment of a partnership, which will manufacture fasteners on GAZ infrastructure in Nizhniy Novgorod. This will be
St. Petersburg automobile market has shrunk for the first time since 2009
RusAutoNews.Com – According to Auto-Dealer-SPb data, 186,020 automobiles have been sold in St. Petersburg in January-November 2012 period (+8%). The sales figure for November-only is 16,684 (-5%). Thereby, on monthly basis,
The number of suppliers in Togliatti Special Economic Zone is increasing
RusAutoNews.Com – The Supervisory Board of Togliatti Special Economic Zone (SEZ) has approved the projects submitted by two Japanese companies: Atsumitec Toyota Tsusho Rus, Hi-Lex Rus and Orhan Holding of
The Russian automobile market has a volume of $62 billion
RusAutoNews.Com – According to the survey conducted by PricewaterhouseCoopers, the volume of the Russian automobile market has grown by 20%, reaching a magnitude of $62 billion, by the end of
Russian automobile and LCV markets may shrink in 2013
Vedomosti – Russian automobile and LCV markets had grown by 39%, reaching 2.65 million vehicles the previous year, according to AEB data. AEB predicts a 9.4% growth rate for the year
Bosch will construct a new components factory in Samara
RusAutoNews.Com – According to the AutoBusiness Info website, the German manufacturer Bosch is getting ready to establish a new components factory in Samara. The company intends to invest approximately €40
