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Russian LCV market has shrunk by 5.4% in November 2012

Autostat – The sales of light commercial vehicles in Russia has gone down by 5.4% in November, in comparison with the previous year, with 16,157 vehicles. Thereby, the Russian

OEMs Passenger cars

AvtoVAZ will manufacture Renault and Datsun in Togliatti

RusAutoNews.Com – The President of Renault-Nissan: Carlos Ghon has stated that the production of Renault and Datsun models will start in Tolyatti

Industry OEMs

St. Petersburg car factories have broken a production record in November

RusAutoNews.Com – According to Auto-Dealer-SPb, the St. Petersburg car factories: Toyota, GM, Nissan and Hyundai  have manufactured a total number of 356,800 vehicles in January-November period of 2012 (+57%). The total

Import Export

Automobile imports in Russia have increased by 15% within 10 months

RusAutoNews.Com – Automobile imports in Russia have increased within 10 months. According to Russian Customs House data, following an increase of 14,9%, the number of automobiles imported has reached 918.100 by

Industry OEMs

AvtoVAZ is increasing its investment in engine production

RusAutoNews.Com – AvtoVAZ has revised its development strategy for the year 2020. While the amount of funds to be allocated on the strategy remained unchanged, some alterations have been made on

Market

Russian vehicle market did not grow in November

RusAutoNews.Com – Russian vehicle market did not grow in November. According to Association of European Business data, 240,322 cars and

Government Import Export

European Union: “Russia’s Renewal Tax implementation is unacceptable”

Vedomosti – The EU Commissioner of Trade: Karel De Gucht has defined the Renewal Tax, implemented in Russia since 01.09.2012, as an unacceptable precaution. As one may remember, Russia had entered

Industry OEMs

Renault has acquired the complete ownership of Avtoframos Car Factory

Auto.vesti.ru –  Renault has purchased the remaining 5.9% shares of Avtoframos Car Factory, established in Moscow, from the government of the city. Thereby, the complete ownership of the factory has shifted