Global automakers have begun exporting Russia-built cars to other markets. This is happening in part because it has become unprofitable for them to sell their products in Russia due to devaluation of the ruble.
Sanctions may curtail U.S. imports of equipment and machinery used in the manufacture of auto parts. In that case, Russian automakers likely would obtain similar equipment from the European Union and China, analysts say.
GM remains a minor player in the Russian market, but full-year 2021 sales of 3,423 units were up 72.7% from a year earlier, according to Wards Intelligence data.
The plant in Craiova in southern Romania will become Ford’s third European production facility to build an all-electric vehicle, following recent investments in its plants in Cologne, Germany, and Kocaeli, Turkey.
Chevrolet has two independent dealer networks in Russia, one of which specializes in the sale of budget models, while the other is focused on the premium segment of the market with models such as the Trailblazer...
The government’s plan, modeled on China’s Zero Emissions Vehicle policy, includes subsidies to both manufacturers and consumers. It calls for BEVs, which currently number about 10,000 in Russia, to comprise at least...
In April the automaker began sales of a special Jeep Wrangler 80th Anniversary Edition. It will be followed in the fourth quarter by the fifth generation of the fullsize Grand Cherokee SUV and updated Compass small CUV.
The automaker says the Chevrolet Tracker crossover is expected to be one of the first new models to be manufactured at the Uzbek plant. Trackers currently in the market are imported to Uzbekistan from China, priced at...
A spokesman for Russian automaker Sollers says the Ford Transit BEV will be built simultaneously with the diesel-powered version of the van. Planned production volumes and other details of the project have not been...
Auto analyst Sergei Udalov says the Russian market’s middle price segment not only has not recovered from the crisis of 2014-2015, but the sector also has suffered further because of the COVID-19 pandemic.