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Industry OEMs Passenger cars

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

Industry OEMs Passenger cars

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

OEMs Passenger cars

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

OEMs

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

Government Industry OEMs Passenger cars

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

Market OEMs Passenger cars

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

Industry OEMs Passenger cars

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.

OEMs Passenger cars

Renault Arkana coupe-crossover unveiled in Moscow

  RBK. – Renault Arkana unveiled in Moscow. Renault has presented the new coupe-crossover Arkana, specially developed for the Russian market. The world-premier of the model, which will be put on

Import Export OEMs Passenger cars

Russian production Renault automobiles will be supplied to Mongolia

  RusAutoNewsCom. – Renault Russia press office has announced start of supplies to Mongolia. One of the leading companies in the Mongolian market “Monnis Motors” has become the partner and the

Industry OEMs Passenger cars

AVTOVAZ plans to increase production by 12% in 2018

Prime –  AVTOVAZ plans to increase the production of automobiles and car kits by 12% in 2018 to 565.300 units, according to the public declaration of the Samara Region Ministry of