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 »
VW invests 550 million euros in boosting China, Russia auto-parts outputAug. 29, 2012 08:49 CET Volkswagen is investing 550 million euros ($691 million) in auto-parts manufacturing in Russia and China to prepare for further growth in the countries' vehicle markets.... Read More »
VW to build engine plant in Russia to tap growing local demandAug. 28, 2012 15:49 CET VW plans to add engine production in Russia to expand manufacturing in the country's growing car market. VW will spend 250 million euros at its car assembly plant in Kaluga to be able to make 600 engines a day starting in 2015.... Read More »
Lada struggles to dominate in growing Russian market despite tie-up with Renault-NissanMay 23, 2012 08:04 CET Lada, which has been the dominant brand in Russia for decades, is under pressure to defend its lead as major automakers push into a market poised to become Europe's largest by 2014. The move away from the brand by Russian consumers threatens Renault-Nissan's plan to dominate the market by taking control of Lada's owner AvtoVAZ.... Read More »
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