Tag "Renault"
The online car sales experiment of Renault has failed in Russia
Vedomosti.- The online car sales experiment of Renault has failed in Russia. Renault has become the first car manufacturer amongst the foreign companies to try to organise vehicle sales
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
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,
Rostec may sell 8% of its shares in Avtovaz to Renault
RusAutoNewsCom.- According to Sergey Chemezov, the head of the state corporation Rostec, the company intends to sell 8% of its shares in “Alliance Rostec Auto BV” to the joint
Renault is discussing localisation of engine and gearbox production for Arkana crossovers
Finmarket.- The French car manufacturer Renault is working on the localisation process of engine and gearbox production for Arkana crossovers in Russia, which will be manufactured at the Moscow
The net profit of Avtovaz has amounted to 5.9 billion rubles in 2018
Finmarket.- The net profit of Avtovaz has amounted to 5.9 billion rubles in 2018, according to IFRS, in contrast with the loss of 9.7 billion rubles in 2017, as indicated
The JV of Rostec and Renault has become the sole shareholder of AVTOVAZ
RNS.- Alliance Rostec Auto, which is a joint venture of Renault and the state enterprise Rostec, has become the sole shareholder of Avtovaz, according to company documents. As of
Moscow government has assigned a special status to Renault Russia plant
TASS.- Moscow government has assigned a special status to Renault Russia plant, which will enable the company to receive tax benefits until 2020, as stated by the investment and
Russian new car market has increased by 10% in November 2018
RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian new car market has increased by 10.1% or by 15,326 units year-on-year in November 2018 and amounted to 167,494
AVTOVAZ plans to increase engine production to 590,000 units in 2019
Finmarket. – Avtovaz plans to manufacture 546,000 engines in 2018, as stated by the director of engine production Alexander Sverchkov. The company intends to manufacture 590,000 engines next year.
