Eastern Europe

Russian car sales slump eases on gov't incentives

Aug. 10, 2015 23:59 CET

Russian car sales dropped at the slowest pace since their slump resumed in January as the government used subsidies and other incentives to counter falling consumption.... Read More »

Lifan starts work on assembly plant in Russia

Aug. 9, 2015 06:01 CET

Chongqing Lifan Industry has started work on an assembly plant in Russia's western state of Lipetsk Oblast to build up to 60,000 Lifan cars a year from complete knockdown kits imported from China,... Read More »


AvtoVAZ CEO Andersson foresees sales surge from key Lada debuts

Aug. 7, 2015 06:01 CET

Former General Motors purchasing chief Bo Andersson faced a massive task when he was hired to turn around AvtoVAZ, Russia's automotive giant, two years ago. Despite the challenge of a slumping Russian market, Andersson is bullish about the future of the company that builds Lada cars.... Read More »

Production cost savings lure suppliers to Eastern Europe

11:00 am U.S. ET | Aug. 5, 2015

Thanks to lower production costs, suppliers continue to head to Eastern Europe, often following the trail of their customers.... Read More »

Mitsubishi will focus production on Japan, Russia, S.E. Asia after closing U.S. plant

July 27, 2015 08:42 CET

Mitsubishi will focus production on Japan, Russia and Southeast Asia after closing its U.S. plant, the automaker's president, Tetsuro Aikawa, said. Mitsubishi currently builds cars in Thailand and the Philippines and will open a factory in Indonesia.... Read More »

Opel will shorten hours at two German plants

July 17, 2015 17:29 CET

Opel will shorten working hours at two German plants after exiting the plunging Russian auto market and because of moderate demand in Europe.... Read More »

Ford expects Russian market to stabilize

July 14, 2015 11:35 CET

Russia's auto market could stabilize in the second half, said the head of Ford's Russian venture, Ted Cannis, halting a slide in sales fueled by the country's economic downturn.... Read More »

Russia weighs further support for auto industry

July 10, 2015 10:05 CET

Russia's government is weighing whether to inject up to 10 billion rubles ($176 million) of additional support for local automakers to stem the plunge in car sales, Industry Minister Denis Manturov said. "We've seen positive results from programs we're subsidizing," he added.... Read More »

Toyota's Turkey unit hit hard by Russia slump

July 9, 2015 10:12 CET

Toyota's Turkish unit saw first-half exports slump by 30 percent as the weaker ruble hit Russia's car market, but the unit's CEO hopes to pare losses via additional domestic sales and by boosting exports to Europe.... Read More »

Russian car sales could fall 36% in 2015, AEB says

July 8, 2015 15:56 CET

New-car sales in Russia are expected to fall 36 percent in 2015, the Association of European Businesses lobby group said, revising downward its previous forecast that the country's full-year volume would decline 25 percent. The more pessimistic outlook follows Russia's 30 percent sales decrease in June.... Read More »

Toyota, PSA boost joint Czech output 38% on updated models

July 7, 2015 16:35 CET

Toyota and PSA increased first-half production by 38 percent at their joint car factory in the Czech Republic because of the launch of updated versions of the minicars the automakers build together.... Read More »

Renault cuts global car market forecast on Russia, China, S. America woes

July 7, 2015 16:09 CET

Renault said global industrywide sales will probably increase 1 percent this year -- down from a 2 percent gain predicted earlier -- because of China's slowdown as well as big declines in Latin America and Russia.... Read More »

Rich Russians beg Tesla to sell them 'IPhone on wheels'

6:54 am U.S. ET | July 7, 2015

Almost 100,000 Russians follow Elon Musk's social media page, yet the Tesla founder seems to be promoting his dream car everywhere but here, forcing enthusiasts to go to great lengths -- and expense -- to own one.... Read More »

Jaguar Land Rover in talks on plant in Poland or Slovakia

July 3, 2015 18:20 CET

Jaguar Land Rover has made Poland one of two finalists for an auto factory, Deputy Prime Minister Janusz Piechocinski said. Poland is competing with Slovakia to provide a site for the plant, which would produce 350,000 vehicles a year starting in 2019, he said.... Read More »


BLOG: Citroen CEO sees positive changes for women in auto industry

12:01 am U.S. ET | July 2, 2015

One year into her role as Citroen CEO Linda Jackson says she hasn't encountered any prejudice as a woman working a man's world. In fact, she says it's an advantage.... Read More »

AvtoVAZ chief Andersson in struggle with Soviet-era suppliers

June 23, 2015 13:23 CET

AvtoVAZ Chairman Bo Andersson is fighting back against Russian suppliers he says are hindering his efforts to improve quality and cut purchasing costs at Lada, the country's best-selling car brand. AvtoVAZ resumed production today at its plant in Togliatti after output was suspended because of problems with the supply of parts.... Read More »

GM to keep profitable JV in Russia

12:01 am U.S. ET | June 15, 2015

General Motors and AvtoVAZ will keep their profitable Russian joint venture, AvtoVAZ CEO Bo Andersson said. GM is ending sales of mainstream Chevrolet models and all Opel cars in Russia, and closing its St. Petersburg factory, after sales slumped in the country's economic crisis.... Read More »


Most Russian car plants are uncompetitive, AvtoVAZ CEO says

June 15, 2015 06:01 CET

Most car plants in Russia are not cost competitive because they are not producing enough vehicles, AvtoVAZ chief Bo Andersson said.... Read More »

Czech car industry revenue rises 15% to new record in 2014

June 12, 2015 21:05 CET

The Czech car sector's revenue rose 15 percent to a record 991 billion crowns ($41 billion) in 2014, the country's Automotive Industry Association (AutoSAP) said, helped by a big increase in overall local production by automakers such as Skoda, Hyundai, Toyota and PSA.... Read More »

Russian car sales fell 38% in May as ruble gains eased pressure

June 8, 2015 16:33 CET

Russian car sales slumped 38 percent in May, but the drop was not as bad as the country's 42 percent decline in April as government measures to assist the industry start to provide some help.... Read More »

Nissan bullish that Russian market will rebound

June 4, 2015 06:01 CET

Nissan Europe sales boss Guillaume Cartier remains bullish about the brand's future in Russia, where it continues to launch fresh product despite the market's 38 percent sales slump through April.... Read More »

Ford appoints UK boss Ovenden as new Russia chief

June 2, 2015 14:23 CET

Ford named Russian market veteran Mark Ovenden as the new CEO of its joint venture in the country. Ovenden's task will be to turn around the automaker's troubled Russian operations that have been hit by the country's industrywide slump.... Read More »

Bentley expands in hard-hit Russia with third dealership

June 2, 2015 16:30 CET

Bentley has added its third dealership in Moscow as the carmaker anticipates that wealthier Russians will shrug off an impending recession and buy its upcoming Bentayga SUV.... Read More »


A tale of 2 production booms

12:01 am U.S. ET | June 1, 2015

It's easy to view Mexico's auto manufacturing ascendancy as an encore of last decade's production boom in central Europe.... Read More »

BMW partner will build X4 in Russia from U.S. kits

May 31, 2015 06:01 CET

BMW will add production of the X4 SUV in Russia with local partner Avtotor using kits shipped from the automaker's U.S. plant. BMW and rival Mercedes-Benz are keen on Russian production despite the market's downturn to avoid import tariffs.... Read More »

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