Tag "SPIC"

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Government Industry OEMs

Regulatory framework of the new SPIC will be completed before December 2018

  Prime. -The regulatory framework of the new SPIC: second generation Special Investment Contract, the principal decisions about which have already been taken, should be completed by the end of

Government Industry Passenger cars

Renault-Nissan-Avtovaz alliance may sign a SPIC by the end of the year

  Autostat. – The Ministry of Industry and Commerce plans to sign a Special Investment Contract (SPIC) with the Renault-Nissan-Avtovaz alliance under the conditions of the current investment regime, along

Government Industry

The government agrees to set eligibility measures for car manufacturers to have access to state support

TASS. – The state support for Russian automotive industry may be aimed at car manufacturers, who already meet the conditions of the so-called second industrial assembly regime (IAR) in a new

Industry OEMs

Hyundai is ready to make an investment of around $427 million in Russia

Prime – South Korean car manufacturer Hyundai is ready to make an investment of around 27 billion rubles (around $427 millions) within the framework of the special investment contract (SPIC)

Commercial vehicles Industry OEMs

Isuzu Sollers has signed a contract on a technological partnership project

RusAutoNews.Com – As reported by the Sollers press office, the joint venture Isuzu Sollers has signed a special investment contract with the Russian Ministry of Industry and Commerce and Ulyanovsk

Industry OEMs

Ford Sollers is considering gearbox production in Russia

TASS – Ford Sollers is exploring possibilities to launch gearbox production in Republic of Tatarstan in Russia. The relevant statement has been made by the chairman of the joint venture:

Government Industry

Russian car factories may reduce the number of models due to SPIC

Autostat – Russian car factories may reduce the number of models. The Ministry of Industry and Commerce predicts a reduction in the number of new vehicle models of all types, following the