Industry
Volkswagen has notified Russian dealers of a long suspension of production
Rambler.- Volkswagen Group does not plan to resume car production in Russia in near future. This is reported by the head of the VW Passenger Cars brand, Mikhail Arndt,
Volkswagen has offered payoffs for employees in Nizhny Novgorod
Kommersant.- Volkswagen has offered its employees in Nizhny Novgorod to voluntarily resign with a severance payment of six salaries, Kommersant learned from one of the unions at the plant.
Vehicle production in Russia has decreased by 43% within four months
RusAutoNews.- Vehicle production in Russia has decreased by 42.9% year-on-year within the first four months of 2022. According to ASM-Holding data 320.4 thousand transport vehicles (passenger cars, commercial vehicles,
US sanctions against the GAZ Group come into force
RusAutoNews.- After a four-year delay in implementation, the US Treasury Department’s sanctions against Oleg Deripaska’s GAZ Group came into effect on May 25, as reported by Finmarket. Earlier, the
Vehicle production in Russia has declined by 29% within the Q1 of 2022
RusAutoNews.- Vehicle production in Russia has decreased by 29.3% year-on-year within the first quarter of 2022. According to ASM-Holding data 287 thousand transport vehicles (passenger cars, commercial vehicles, buses)
RENAULT sells its stake in Avtovaz and the Moscow plant to the Russian Government
RusAutoNews.- As announced by the Russian Ministry of Industry and Trade, Avtovaz transferred its share of Renault to state ownership. Renault assets were received by the NAMI, the Moscow
Russia allowed the production of Euro-0 cars without ABS, EPS and airbags
RusAutoNews.- As reported by Kommersant, the Russian Government published the Decree No 855 which allows the carmakers producing new cars without ABS and EPS. The ERA-GLONASS emergency warning system
NISSAN will not resume operations in Russia in the 2022 fiscal year
RusAutoNews.- Nissan’s suspended operations in Russia may not resume throughout fiscal 2022, the company’s CEO Makoto Uchida said, as reported by Finmarket. “We have suspended Russian operations due to
The first garbage truck on the Kamaz Compass chassis has been delivered
RusAutoNews.- Kamaz has delivered the first garbage truck on the Kamaz Compass 43089-F5 chassis to the company’s official dealer. Compass is a new family of medium-duty vehicles that Kamaz
NOKIAN is to relocate tyre production from Russia to the EU and the USA
RusAutoNews.- As reported at the company press release of Nokian Tyres, the EU sanction announced on April 8 has impacted the company’s business. The sanction prohibits the import of
