Tag "Sollers"

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Commercial vehicles Industry

Sollers Group and Isuzu Motors will invest 6 billion rubles in the new JV

RNS – Sollers Group and Isuzu Motors will invest 6 billion rubles (approximately $96 milion) in the establishment of a joint venture in Ulyanovsk on equal terms, as stated by

Market OEMs

Sollers predicts a growth of 15-20% in Mazda and Ford sales in 2018

TASS – According to Sollers’ prediction, the sales of Mazda and Ford automobiles will increase by 15-20% in Russia in 2018, as told by the general director of the company Vadim

Market OEMs

Ford Sollers sales have risen by 36% by the end of the first quarter

RusAutoNews.Com – As reported by the company press office, Ford Sollers joint venture has sold 12,768 vehicles during the first quarter of 2018, which indicates a 36% year-on-year rise, as

Industry OEMs

Sollers board of directors has approved the investment programme until 2021

RusAutoNews.Com – As reported by Finmarket, the Sollers board of directors has approved the draft budget for 2018, the long-term financial plan and the investment programme for 2018-2020 at a

Industry OEMs Passenger cars

Mazda may start the assembly of CX-9 crossover in Vladivostok plant

RNS – Mazda Sollers Manufacturing Rus, the joint venture of Mazda Motor and Sollers in Vladivostok, which manufactures Mazda6 and Mazda CX-5 automobiles, may start the assembly of Mazda CX-9 crossover

Industry OEMs Passenger cars

The construction of a Mazda engine plant has started in Far East Russia

Napinfo.ru – The construction of a Mazda engine plant has started in Vladivostok. Sollers is also a participant in the project. SkyActiv-G family engines will be assembled in the new facility.

OEMs

Net profit of Sollers has grown by 4.6 times in 2016

RNS – The net profit of Sollers has grown by 4.6 times year-on-year in 2016, to 4.94 billion rubles, as stated by the company. The revenues from participation in UAZ have

OEMs

Sollers plans to organise the assembly of UAZ automobiles in Kazakhstan

Autostat – Sollers expects to organise the industrial assembly of the entire model range of UAZ cars and light commercial vehicles in Kazakhstan, until the end of 2016. The relevant

OEMs

Sollers has made a net profit of 3.1 billion rubles in 2015

Autostat – Sollers Group has generated a revenue of 38.3 billion rubles in 2015, down from the 47.9 billion rubles in 2014. The EBITDA (Earnings Before Interest, Taxes, Depreciation and

OEMs

Sollers and Mazda are establishing an engine factory, aimed for exports

Lenta.ru. – Sollers and Mazda Motor Corporation have signed a three-sided memorandum of understanding, proposing the establishment of an export-oriented engine factory, on the premises of the Russian manufacturer in