Tag "Sanctions"

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Import Export Industry OEMs

BMW halts export of cars to Russia, expects production interruptions

  Reuters.- The German carmaker BMW said on Tuesday it had halted the export of cars to Russia and would stop production on the ground there. The company also said

Commercial vehicles Industry OEMs

Daimler Truck AG suspends all business activities in Russia

  RusAutoNews.-As announced by Daimler Truck AG via its official Twitter account, the company has suspended the business activities in Russia. The company has stated: “We are deeply shocked by

Market OEMs Passenger cars

Car manufacturers have refused to supply automobiles to Russian dealers

  RBC.-Audi, Volkswagen, Skoda, Porsche and several other car manufacturers have started to refuse making automobile deliveries to dealers. According to experts, the Russian automobile market may face a shortage

Commercial vehicles Industry OEMs

KAMAZ has fallen under EU sanctions

  RusAutoNews.- The European Union has imposed sanctions against 64 Russian legal entities. Among them are some important government bodies, energy companies, banks, finance companies, aircraft manufacturers and military supplier

Government Industry OEMs

New obligations have been imposed on GAZ Group

  Finmarket.- A new postponement has been announced on the date of implementation of the US sanctions against GAZ Group by the US Treasury last week, accompanied by the introduction

Commercial vehicles Government OEMs

The US Treasury has extended the completion period of transactions with GAZ

  RNS.- The US Treasury has re-extended the completion period of transactions with GAZ Group until 31 March 2020. The relevant statement has been made by the US Traesury Office

Commercial vehicles Government Industry

GAZ Group may shift to a four-day work week

  RNS.- GAZ Group has given notice to its employees about a possible shift to a four-day work week, as of the end of October to 20 April 2020, as

Government Import Export

Ukraine has postponed the ban on automobile imports from Russia

  Daily-Motor.- The Ukrainian Cabinet of Ministers has announced a 6 months postponement to the ban on automobile imports from Russia. The Ukrainian government had previously added all types of

Government

Public corporations will be banned from purchasing imported automobiles

Kommersant – According to Kommersant newspaper, the Russian government is preparing a law, completely prohibiting public corporations from purchasing imported automobiles, heavy machinery and metallurgical products. However, the prohibition has an

Government Import Export

Russian Ministry of Industry and Commerce: “We have no intention to ban car imports from EU and USA”

Interfaks – Upon a question from the press, Russian deputy minister of industry and commerce Andrei Dutov has replied that the banning of car imports from the European Union and the