GM replots emerging market strategy, hedges on China partner 9:09 am U.S. ET | Jan. 27, 2013  GM is reconsidering its emerging-market strategy, CEO Dan Akerson says, in remarks that could dent the global ambitions of its Chinese partner, SAIC Motor. GM has indicated for three years now that it would use SAIC, which produces affordable no-frills cars in joint ventures with GM, as its ideal partner to expand in emerging markets. But in recent months, GM has been looking to partner with Peugeot Citroen in Europe but also in Russia and Latin America.... Read More »
Russian car market sales value up 21.9% in 2012, Ernst & Young saysJan. 25, 2013 13:47 CET  Russia's car market increased in value by 21.9 percent to 2.33 trillion rubles ($77 billion) in 2012, according to data from auditing firm Ernst & Young.... Read More »
Russian car sales will rise 5% in 2013, PwC saysJan. 22, 2013 10:07 CET  Russian car sales will likely rise by 5 percent in 2013 to around 2.9 million, PricewaterhouseCoopers said on Tuesday. The figure represents a slowdown from the previous year but is in stark contrast to recession-bound Europe where car sales slid to a 17-year low.... Read More »
AUTOMOTIVE NEWS WORLD CONGRESS Auto industry hardball, Russian style: Bo vs. Putin 12:01 am U.S. ET | Jan. 21, 2013  Bo Andersson is doing to the Russian auto industry these days what he spent a decade doing to the North American industry: making it sweat.... Read More »
VW sees rapid Russia sales rise in 2012Jan. 18, 2013 06:01 CET  Sales of VW brand cars in Russia rose 40 percent year-on-year in 2012. This helped VW Group, which also includes Skoda, Audi and Seat, boost its 2012 volume in the country 39 percent to 317,700 vehicles.... Read More »
Russia sales forecast to be flat in 2013Jan. 15, 2013 16:00 CET  Russian car sales have slowed and are expected to be flat in 2013 after record volumes last year, industry figures showed, as drivers curb spending with an eye to economic troubles in Europe and the United States.... Read More »
Russia car output to soar, but not without risksJan. 9, 2013 08:00 CET  Russia's auto industry is in danger of sliding into the same overcapacity problem as the rest of Europe, analysts say. The warning comes after contract manufacturer Avtotor Holding became the latest to announce a major investment in Russian auto production.... Read More »
NICK GIBBS Overcapacity in Russia? 12:01 am U.S. ET | Jan. 9, 2013  Automakers for months have been announcing plans to add local manufacturing in Russia. The list of companies planning to increase output includes VW, Nissan and Ford. But when Russian sales unexpectedly fell flat in November it caused concern.... Read More »
VW, Nissan, others look to tap growing demand for budget cars 12:01 am U.S. ET | Jan. 1, 2013  VW's desire to launch a low-cost brand and Nissan's plan to sell Datsuns for as little as 2,300 euros underline the rising interest from automakers to tap demand for budget cars in fast-growing markets to offset falling sales in mature, stagnant markets such as Europe.... Read More »
VW, Nissan, others look to tap growing demand for budget carsDec. 31, 2012 06:01 CET  VW's desire to launch a low-cost brand and Nissan's plan to sell Datsuns for as little as 2,300 euros underline the rising interest from automakers to tap demand for budget cars in fast-growing markets to offset falling sales in mature, stagnant markets such as Europe.... Read More »
Renault-Nissan finalizes Russian auto dealDec. 12, 2012 09:59 CET  Renault-Nissan finalized a long-awaited deal to expand in the Russian market, investing $742 million in a joint venture which will control Lada-maker AvtoVAZ.... Read More »
Renault-Nissan deal with AvtoVAZ expected next weekDec. 6, 2012 09:48 CET  Renault and Nissan's $750-million deal to Renault effective control of Lada maker AvtoVAZ is expected to be signed next week.... Read More »
NICK GIBBS Don't mess with Bo 12:01 am U.S. ET | Oct. 20, 2012  Bo Andersson is arguably the toughest car executive on the planet. When he accepted the job as head of Russian automotive group GAZ in 2009, the former Soviet auto giant was on its knees. Andersson, General Motors' former head of purchasing, turned the company around.... Read More »
PAUL MCVEIGH A European car factory where times are good 12:01 am U.S. ET | Oct. 19, 2012  At Kia's car factory in Zilina in Slovakia, which lies in the heart of middle Europe, there is no sign of the crisis gripping the region's auto industry.... Read More »
ANE EXECUTIVE EDITION Russia revival: Contract assembly, cargo vans fuel GAZ rebirthOct. 19, 2012 06:01 CET  GAZ Group, the Russian automaker that nearly ruined itself with a costly foray into passenger cars, is back from near collapse. The company shed unneeded layers of management, dumped unprofitable passenger car lines, upgraded its Gazelle cargo van and is producing vehicles for Volkswagen Group and General Motors.... Read More »
Fiat expected to seal deal for Russian Jeep plant by year-endOct. 14, 2012 06:01 CET Fiat has agreed to build a factory in Russia to build Jeep models and will finalize the deal for the $1 billion plant by the end of the year, sources said.... Read More »
VW may add budget subbrand by 2015, sources say 5:48 am U.S. ET | Oct. 12, 2012  VW may launch a new low-cost subbrand by 2015 to take on rivals including Renault's Dacia and Nissan's Datsun in markets including Europe, two company sources said on Friday.... Read More »
Russian car sales rise 10% in September as market coolsOct. 10, 2012 11:18 CET  Sales of cars and light commercial vehicles in Russia grew 10 percent year-on-year in September to 259,582 units, but the market is showing signs of a slowdown, the Association of European Businesses said in a statement.... Read More »
Johnson Controls names former Ford exec new Russia chiefOct. 2, 2012 06:01 CET  Johnson Controls has picked former Ford executive Alexander Zaytsev to head its operations in Russia.... Read More »
Fiat may delay $1 billion Russian factory, official saysOct. 1, 2012 15:49 CET  Fiat may delay building a plant in St. Petersburg, Russia, because of overcapacity in Europe.... Read More »
PSA confirms in Gefco talks with Russian RailwaysSept. 20, 2012 08:19 CET  PSA is in exclusive talks to sell 75 percent of its Gefco trucking unit to OAO Russian Railways for about 800 million euros ($1.04 billion), the carmaker said on Thursday.... Read More »
Chrysler's Mopar parts unit opens Japan, Australia, Russia warehouses 10:31 am U.S. ET | Sept. 19, 2012  Chrysler and majority owner Fiat have opened parts distribution warehouses in Japan, Australia and Russia under the Mopar brand, completing the transition of Chrysler's distribution centers from former owner Daimler AG.... Read More »
PSA may sell Gefco stake to Russian Railways, union saysSept. 15, 2012 12:49 CET  PSA may sell a majority stake in its Gefco trucking unit to Russian Railways after the state-owned company made the highest offer, a union official said.... Read More »
Russian car sales rise 15% in AugustSept. 12, 2012 14:03 CET  Sales of car and light commercial vehicles in Russia grew 15 percent year-on-year in August to 258,761 units, which was a record for the month, the Association of European Businesses said in a statement.... Read More »
NICK GIBBS Andersson revives Russia's GAZ 12:01 am U.S. ET | Sept. 10, 2012  Bo Andersson is arguably the toughest car executive on the planet. When he accepted the job as head of Russian automotive group GAZ in 2009, the former Soviet auto giant was on its knees. Andersson, General Motors' former head of purchasing, turned the company around Nick Gibbs is a correspondent for Automotive News Europe.... Read More »
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