Eugene Gerden

Analysts say if Western sanctions and embargoes remain in effect, South Korean and Chinese automakers could increase exports to Russia – possibly giving the companies more than half of the market by summer.

None of the automakers that shut down following the Feb. 24 attack on Ukraine have indicated they will completely withdraw from Russia. But Renault has suspended its Moscow-area manufacturing operations and is ...

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...