General Motors’ Russian joint venture, GM-AvtoVAZ, is in negotiations with Russian authorities, particularly on opening a credit line needed to fully finance expansion of the plants where the current-generation...
The Vladivostok plant produces Mazda6 sedans and CX-5 CUVs, and the Japanese automaker intends to add models it currently sells in the Russian market, according to Jorg Schreiber, head of Mazda Motor Rus, the company...
The plant would produce the same range of vehicles now built in Kaliningrad by contract assembler Avtovor – 3-Series, 5-Series and 7-Series sedans, as well as X1, X3, X5 and X6 CUVs, officials say.
The decision mainly is the result of a significant decline in demand for Ford sedans and hatchbacks among Russian consumers, as well as competition in the form of lower-priced small cars from South Korean automakers...
Currently, subsidies range from 20% of transport costs for global manufacturers in Russia to 60%-80% for domestic brands and global companies whose level of localization – primarily parts purchases but also R...
The lineup likely may include SUVs and CUVs, segments that have performed well in Russia as the industry shows signs of emerging from a slump now in its fourth year.
Mikhail Gevorkov, a co-owner of St. Petersburg-based Autocenter Aurora, says FCA has not been importing updated versions of vehicles for which demand in Russia is the greatest.
Skoda plans to boost sales of its Octavia hatchback/station wagon– the company’s best seller in Russia, accounting for 20% of sales– as well as the CUVs that have held up well despite the overall...
Expiration of the current tit-for-tat of local assembly in return for state benefits, which was established a decade ago, begins next year and concludes in 2019.