Tag "Sanctions"

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Commercial vehicles Industry OEMs

US sanctions against the GAZ Group come into force

  RusAutoNews.- After a four-year delay in implementation, the US Treasury Department’s sanctions against Oleg Deripaska’s GAZ Group came into effect on May 25, as reported by Finmarket. Earlier, the

Government Industry

Russia allowed the production of Euro-0 cars without ABS, EPS and airbags

  RusAutoNews.- As reported by Kommersant, the Russian Government published the Decree No 855 which allows the carmakers producing new cars without ABS and EPS. The ERA-GLONASS emergency warning system

Industry OEMs Passenger cars

NISSAN will not resume operations in Russia in the 2022 fiscal year

  RusAutoNews.- Nissan’s suspended operations in Russia may not resume throughout fiscal 2022, the company’s CEO Makoto Uchida said, as reported by Finmarket. “We have suspended Russian operations due to

Industry Suppliers

NOKIAN is to relocate tyre production from Russia to the EU and the USA

  RusAutoNews.- As reported at the company press release of Nokian Tyres, the EU sanction announced on April 8 has impacted the company’s business. The sanction prohibits the import of

Industry Suppliers

SKF Group has decided to exit Russia

  RusAutoNews.- SKF Group has announced that it has decided to cease all business and operations in Russia. The intention is to divest the business in a controlled manner with

Market OEMs Passenger cars

General Motors leaves the Russian market

  RusAutoNews.- As announced by the Cadillac Russia press office, General Motors extends suspension of operations in Russia. “Due to the crisis in Ukraine and resulting US and international sanctions,

Commercial vehicles Government Import Export

The EU has banned the supply of trucks and special equipment to Russia

  RusAutoNews.- The European Union adopts a fifth package of economic and individual sanctions against Russia, over its military aggression against Ukraine. Josep Borrell, High Representative for Foreign Affairs and

Industry OEMs Passenger cars

Volkswagen car factories in Russia will remain closed until summer

  RusAutoNews.- Volkswagen Group Rus plants in Kaluga and Nizhny Novgorod can resume work no earlier than June-July 2022, as stated in Vedomosti. Production was stopped on March 3 due

Government Import Export Passenger cars

Japan imposes a ban on the supply of luxury cars to Russia

  Prime.- From April 5, the Japanese government will ban the export of luxury goods to Russia, including premium cars and precious stones, said Koichi Hagiuda, head of the Japan’s

Commercial vehicles Industry OEMs

KAMAZ will offer Euro-2 class trucks to buyers

  RusAutoNews.- Starting from April 2022, Kamaz will offer its dealers K3 generation trucks with Euro-2 emission class engines. A company representative confirmed such plans to the Vedomosti newspaper. At