Renault-Nissan, UniCredit create Russia finance ventureFeb. 14, 2013 15:50 CET  Renault-Nissan will create a joint venture with Italian bank UniCredit to sell loans to car buyers in Russia. The alliance will have a 60 percent stake in the venture, while UniCredit will hold 40 percent, the companies said in a joint statement.... Read More »
New Datsuns will share platform with LadaDec. 28, 2012 06:01 CET  Nissan's new low-cost Datsun cars will be based on a Lada, executive vice president Colin Dodge said. "Datsuns will be built off the new Lada Kalina platform," Dodge, who is Nissan's top executive for 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 »
Russia sales up 14% in best ever JulyAug. 9, 2012 11:47 CET  Russian light vehicle sales grew 14 percent year-on-year in July to 255,560 units, which was a record for the month, the Association of European Businesses said.... Read More »
Chinese make big gains in Russia, putting pressure on LadaJuly 19, 2012 06:01 CET  Chinese automakers are exporting a variety of cars, SUVs and commercial trucks to Russia, and now they are starting to consolidate their niche with local production. Last year, Chinese automakers shipped 67,701 vehicles to Russia, China's third-largest export market behind Brazil and Algeria.... Read More »
Russia 2012 car sales on course to hit near pre-crisis levelsJuly 10, 2012 10:20 CET  Sales of new cars and light commercial vehicles in Russia rose 10 percent in June, maintaining the double-digit growth that is expected to return the market to near pre-crisis levels for the full year.... 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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