Tag "SPIC"

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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