Russia

Lada-maker AvtoVAZ to cut 7,500 jobs as Russian car market slows

Jan. 23, 2014 17:26 CET
Russia's biggest carmaker, AvtoVAZ, will cut 11 percent of its work force to maintain profitability as economic stagnation hurts the domestic car market, CEO Bo Andersson said.... Read More »

 

Russia to support domestic car industry with subsidy program

Jan. 21, 2014 06:15 CET
Russia plans to support its struggling auto industry with subsidies of up to 271 billion rubles ($8 billion) in the three years to 2016.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Suppliers enter, expand in Russia ahead of forecast sales surge

Jan. 20, 2014 06:01 CET
Russia's “weak” auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up operations there.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Suppliers enter, expand in Russia ahead of forecast sales surge

12:01 am U.S. ET | Jan. 20, 2014
Russia's “weak” auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up operations there.... Read More »

 

DOUGLAS A. BOLDUC

Reconnecting with an old friend on the road to Detroit

3:17 am U.S. ET | Jan. 17, 2014
On the road to the Detroit auto show this week I reconnected with an old friend, the Toyota Camry, which despite its U.S. success hasn't been sold in western Europe since 2006.... Read More »

 

Russian car sales seen falling for second year in row

Jan. 16, 2014 06:15 CET
Russia's car market is facing another weak year and is expected to fall nearly 2 percent in comparison with 2013, the Association of European Businesses said.... Read More »

 

U.S. still concerned about Russian car levy

11:05 pm U.S. ET | Dec. 20, 2013
The United States said on Friday it still has concerns about a recycling fee Russia imposes on cars even though the country recently extended the levy to cover domestic as well as imported vehicles.... Read More »

 

Nissan targets Russia's first-time car buyers with Datsun

Dec. 17, 2013 17:33 CET
With its revived Datsun brand, Nissan seeks to lure Russian buyers away from the used car market. Datsun will be unveiled in Russia in April with the first deliveries planned between August and September.... Read More »

 

Russia car sales fall for 9th consecutive month

Dec. 9, 2013 15:36 CET
Russian car sales fell for a ninth straight month in November. Volume was down 4 percent to 231,982 vehicles, the Moscow-based Association of European Businesses said.... Read More »

 

Federal-Mogul acquires bearings supplier in Russia

2:49 pm U.S. ET | Dec. 2, 2013
Auto supplier Federal-Mogul has agreed to acquire European bearings supplier DZV Bearings Co., based in Dimitrovgrad, Russia.... Read More »

 

Russian car sales fall for 8th straight month in October

Nov. 13, 2013 10:31 CET
Russian new-car sales fell for an eighth straight month in October, down 8 percent, with no signs of improvement in the market.... Read More »

 

Former GM exec Andersson named AvtoVAZ CEO

2:04 am U.S. ET | Nov. 5, 2013
AvtoVAZ has appointed Bo Andersson, a former top purchasing manager at GM, as CEO. He is the first non-Russian to lead the maker of Lada cars as it deepens ties with the Renault-Nissan alliance.... Read More »

 

AvtoVAZ appoints ex-GM executive Andersson as first non-Russian chief

Nov. 5, 2013 08:04 CET
AvtoVAZ has appointed Bo Andersson, a former top purchasing manager at GM, as CEO. He is the first non-Russian to lead the maker of Lada cars as it deepens ties with the Renault-Nissan alliance.... Read More »

 

Continental to concentrate more on growth opportunities outside Europe

Oct. 23, 2013 15:40 CET
Continental is banking on growth outside Europe to help offset continued weakness in the region and is investing in adding tire production capacity in fast-growing markets.... Read More »

 

GM will integrate Russia into its Europe business

Oct. 18, 2013 12:46 CET
General Motors said it will integrate its Russian operations into its GM Europe business in a move that will help the automaker's struggling Opel brand.... Read More »

 

AvtoVAZ board to propose GAZ head Bo Andersson as next CEO

Oct. 17, 2013 06:01 CET
Former General Motors purchasing boss Bo Andersson may be recruited from GAZ to head Russia's largest carmaker, AvtoVAZ.... Read More »

 

Ford's Russia venture will add production of Edge SUV

Oct. 15, 2013 06:01 CET
Ford Sollers, a joint venture between Ford and Russian carmaker Sollers, will begin production of the Edge SUV early next year.... Read More »

 

EU steps up dispute with Russia over car-recycling fees

Oct. 10, 2013 13:08 CET
The EU asked the World Trade Organization to rule on the legality of a recycling fee imposed by Russia on imported cars, stepping up a trade dispute between the two.... Read More »

 

Russia car-sales decline slows in September but outlook remains difficult

Oct. 8, 2013 13:34 CET
Russia's car sales fell 5 percent in September as the country's economy slowed. The outlook remains difficult, a trade group said.... Read More »

 

Severstal NA replaces most top execs to reflect steelmaker's shift in priorities

10:02 am U.S. ET | Oct. 4, 2013
The North American unit of Russian steelmaker OAO Severstal, which owns the steel plant at Ford's famed Rouge manufacturing complex, has replaced nearly all of its senior management this year in an attempt to create "profitable, sustainable growth," the unit's new CEO says.... Read More »

 

Renault-Nissan partner AvtoVAZ posts first-half loss

Oct. 3, 2013 11:42 CET
Russia's largest carmaker, AvtoVAZ, which Renault-Nissan plan to take control of by mid-2014, had a first-half net loss of $80.7 million.... Read More »

 

Changan to begin Russia sales in 2014, report says

Oct. 1, 2013 10:31 CET
China's Changan plans to begin car sales next year in Russia and has signed a deal with a local distributor to sell 12,000 vehicles there in 2014, a report said.... Read More »

 

Ford's Russia venture plans r&d center

Sept. 27, 2013 10:43 CET
Ford Sollers, Ford's Russia joint venture, plans to create a new research and development center in the country to adapt Ford vehicles for the local market.... Read More »

 

Toyota plans RAV4 output in Russia after plant expansion

Sept. 18, 2013 12:50 CET
Toyota says it will invest around 18 billion yen (135 million euros) to expand its St. Petersburg plant in Russia before it begins assembly of the RAV4 compact SUV in 2016.... Read More »

 

Russian car sales fall for 6th straight month

Sept. 9, 2013 15:33 CET
Russian car sales fell for a sixth straight month in August, down 10 percent, although sales should stabilize by the year end.... Read More »

 

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