Eastern Europe

Russia car sales fall 26% in August as Ukraine crisis hits confidence

Sept. 8, 2014 15:05 CET
New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine hit consumer confidence.... Read More »

 

VW will reduce production at Russia plant

Sept. 8, 2014 09:04 CET
VW will reduce production at its Russian factory in Kaluga to 150,000 vehicles this year from 200,000 originally planned, according to sources. VW will halt production at the plant for 10 days this month.... Read More »

 

Renault names new product planning, Russia chiefs

Sept. 2, 2014 11:16 CET
Renault announced top management changes that included naming a new product planning chief and a new boss for the region that includes the key Russian market.... Read More »

 

AvtoVAZ mulls in-house parts production to halt monopolies, corruption

Aug. 30, 2014 10:06 CET
AvtoVAZ, the Russian carmaker controlled by Renault-Nissan, may bring some parts production in-house to gain more competitive pricing and stamp out corruption in its local supply chain.... Read More »

 

Great Wall breaks ground for Russian plant

Aug. 30, 2014 06:01 CET
China's Great Wall has started construction of a 3.2 billion yuan ($520.7 million) assembly plant in Russia. The factory will be the first full-scale assembly plant run by a Chinese automaker in Russia.... Read More »

 

Ford to halt B-Max production on slow sales, report says

Aug. 29, 2014 11:22 CET
Ford will halt production of the B-Max at its Romanian plant for nine days in September, a report said. The automaker has halted output in Romania several times since September 2013 on slow sales of the minivan.... Read More »

 

AvtoVAZ to cut workforce by 45%, report says

Aug. 29, 2014 12:22 CET
AvtoVAZ plans to reduce staff numbers by 25,000, finance head Evgeny Belinin told a French newspaper. AvtoVAZ, controlled by the Renault-Nissan alliance, is also cutting Lada production and freezing vehicle prices.... Read More »

 

Russia pledges 207 million euros to resume car scrappage scheme

Aug. 28, 2014 12:19 CET
Russia will reintroduce a scrappage scheme to help stimulate car sales after deliveries in the market fell 23 percent in July as the crisis in Ukraine continues to hit consumer confidence.... Read More »

 

Renault could turn Russia crisis to its advantage

Aug. 27, 2014 17:32 CET
Renault could turn a market crisis to its advantage as Moscow considers a subsidy scheme to steady demand and a weaker ruble undermines rivals that make fewer parts locally.... Read More »

 

AvtoVAZ aims to win back market share to return to profit, CEO Andersson says

Aug. 27, 2014 10:54 CET
AvtoVAZ plans to return to profit by cutting costs and rolling out new models to claw back market share that has been slipping away from the producer of Lada vehicles since the end of the Soviet Union.... Read More »

 

Russia's AvtoVAZ to cut Lada production

Aug. 25, 2014 12:02 CET
Russia's AvtoVAZ said it plans to cut production of its Lada cars in the next three months by 25,000 because of rapidly declining demand for new vehicles in the country.... Read More »

 

GM reviews timing of Russia plant expansion

Aug. 22, 2014 17:19 CET
GM is reviewing the timing of the expansion of its Russian plant near St. Petersburg because of a slump in the country's auto market.... Read More »

 

GM cuts production in Russia as market slump continues

Aug. 21, 2014 15:49 CET
General Motors said it will reduce production at its plant near St. Petersburg, Russia, citing a continued slowdown of the country's auto market.... Read More »

 

Russia will consider support for car market, reports say

Aug. 20, 2014 10:13 CET
Russia will consider taking measures aimed at supporting the auto market, news agencies quoted Prime Minister Dmitry Medvedev as saying. Car sales in Russia fell 23 percent in July as consumers worry about the impact of the Ukraine crisis.... Read More »

 

Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported.... Read More »

 

Russian car sales may fall by 12% this year, PwC says

Aug. 7, 2014 06:01 CET
Russian car sales are expected to fall by between 8 and 12 percent this year, PricewaterhouseCoopers said. Russia's sharp economic slowdown and devaluation of the ruble will hit sales, PwC said.... Read More »

 

Ukraine crisis slows Daimler's Russian growth

Aug. 3, 2014 12:00 CET
Daimler has seen booming growth in the Russian auto market weaken due to the Ukraine crisis, CEO Dieter Zetsche told a German newspaper.... Read More »

 

AvtoVAZ CEO Andersson aims to restore pride to Lada

July 29, 2014 13:12 CET
Bo Andersson, a former top purchasing manager at GM, aims to turn around the struggling Russian automaker AvtoVAZ through cost reductions and launching new Lada cars that can compete with Western competitors.... Read More »

 

RISK AND REWARD

Russia has potential, but there are problems beyond the current crisis

12:01 am U.S. ET | July 28, 2014
For General Motors, Ford, Volkswagen, Renault-Nissan and other carmakers, the giant country is an emerging market with huge strategic significance. But the risks are there, too, and they also are enormous.... Read More »

 

Datsun on-Do sedan launch in Russia overshadowed by economic crisis and slumping car market

July 16, 2014 16:04 CET
Nissan's low-cost Datsun on-Do family sedan was launched in Russia this week, but the country's deepening political crisis with the West and falling car sales could dampen sales.... Read More »

 

Audi to add shift at Hungary plant ahead of TT launch

July 15, 2014 11:28 CET
Audi will add a third shift at its car plant in Hungary in mid-August ahead of the launch of the new TT sports car.... Read More »

 

Russia bans state purchase of foreign-made cars to aid local automakers

July 15, 2014 13:16 CET
Prime Minister Dmitry Medvedev has ordered a ban on Russian state and municipal purchases of foreign-manufactured cars to support local producers.... Read More »

 

Russian car sales sink most in 4 years on ruble weakness

July 10, 2014 12:29 CET
Sales of new cars in Russia plunged by the most in more than four years in June as a weaker ruble curbed demand. Automakers sold 199,398 vehicles last month, down 17 percent from a year earlier.... Read More »

 

EU probes state aid for Audi's Hungary expansion

July 9, 2014 16:22 CET
The European Commission is probing state aid to Audi to expand its plant in Hungary. The commission approved aid to Porsche and BMW to expand their factories in Germany.... Read More »

 

With fwd and sleeker design, Nissan aims to double X-Trail sales in Europe

June 27, 2014 06:01 CET
Nissan expects to double sales of the X-Trail in its European markets after giving the latest generation of the mid-sized SUV a less rugged design and a front-wheel-drive option.... Read More »

 

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