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The expenses of Avtovaz amount to approximately 2 billion rubles per week
TASS.- The weekly expenses of Avtovaz amount to approximately 2 billion rubles, in the background of the plummeting sales, almost down to zero due to the crisis. The relevant
Putin has promised the inclusion of the procurement of school buses in the list of support measures for the automotive industry
TASS.- The President of the Russian Federation Vladimir Putin has promised the inclusion of the procurement of school buses in the list of support measures for the automotive industry.
Putin has proposed an extension to the preferential car loan programmes
TASS.- The Russian president Vladimir Putin has proposed the allocation of an additional amount of 15.5 billion rubles on the preferential car loan programmes for the purchases of domestically
Locally assembled foreign brand vehicles form 63% of the total sales volume in Russia
Autostat.- According to Autostat data, 237,300 new foreign brand vehicles have been sold in Russia during the first quarter of 2020. The figure is equivalent to 63.2% of the
Experts have predicted a shrinkage between 20-50% in the Russian car market due to the pandemic
RNS.- 42% of Russian citizens have given up the idea of buying a car during the pandemic, in order to cut expenditures, according to a survey of Boston Consulting
The government is discussing support measures for the automotive industry
Autostat.- The government has started to formulate a proposal on the support of the automotive industry, which will be discussed at a meeting with Vladimir Putin on 22 April.
Russian luxury car market has grown by 10% within the first quarter of 2020
RusAutoNewsCom.- As reported by Autostat, the luxury car market in Russia has amounted to 297 vehicles within the first quarter of 2020, indicating a 10% year-on-year increase, up from
