Russia

Tavares names Europe chief, reshuffles top jobs at PSA

June 18, 2014 11:23 CET
PSA CEO Carlos Tavares has appointed a boss for the company's European operations and recruited a former top Renault executive to head manufacturing in his latest management changes at the automaker....
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AvtoVAZ plans deeper job cuts; 13,000 to go at Togliatti

June 6, 2014 16:40 CET
Russia's largest carmaker, AvtoVAZ, says it expects to cut about 13,000 workers -- up from 7,500 -- at its Togliatti plant due to falling sales of its Lada brand. The factory employed 65,891 at the end of last year....
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Russian car sales will fall up to 20% in 2014, AvtoVAZ CEO says

May 22, 2014 15:51 CET
Russia's car market will shrink by as much as 20 percent this year as economic growth slows, AvtoVAZ CEO Bo Andersson said. Last year, sales fell 6 percent....
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Renault-Nissan's Russian resilience has limits

May 14, 2014 16:55 CET
Renault is looking closely at Western sanctions on Russia even though its carmaking alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine....
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Renault-Nissan's resilience to Russia's problems may be tested

May 14, 2014 15:46 CET
Renault is looking closely at Western sanctions on Russia even though its alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine....
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Magna denies being asked by Canada to end Russia JV

May 14, 2014 10:54 CET
Magna International CEO Donald Walker says he hasn't been asked to end a Russian joint venture amid mounting tension over Ukraine even as an executive from partner Avtotor cited pressure from Canada to do so....
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Russian car sales fall 8% in April on weak ruble

May 13, 2014 16:08 CET
Russian car sales fell 8 percent in April as the weak ruble hit consumer demand. Car sales have been falling as Russia's already weak economy is further hit by Western sanctions over Ukraine and people delay making large purchases....
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Mitsubishi ends Europe profit drought

May 1, 2014 06:01 CET
Mitsubishi's European operations ended a three-year profit drought because of foreign exchange windfalls, demand for the Outlander plug-in hybrid and the closure of its Dutch plant. The unit reported an operating profit of 261 million euros....
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Renault freezes plans for Russian van production on weak ruble

April 24, 2014 13:35 CET
Renault has frozen plans to build vans with Russian truckmaker ZIL due to a weakening of the ruble. The company had planned to build Renault and Fiat vans with ZIL in Moscow....
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JESSE SNYDER

New Russian outlook: 'Slower, lower, weaker'

12:01 am U.S. ET | April 23, 2014
Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you would expect a conference in the United States on the future of the Russian auto industry to be pessimistic....
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JESSE SNYDER

New Russian outlook: 'Slower, lower, weaker'

3:50 pm U.S. ET | April 22, 2014
Days after Russia annexed a province of Ukraine and U.S. and European forces mobilized, you'd expect a conference on the future of the Russian auto industry to be pessimistic....
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EDITORIAL

Russian fallout

12:01 am U.S. ET | April 21, 2014
Fallout from Russia's annexation of the Crimea region of Ukraine already is affecting the auto industry in Europe....
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Russia's car sales may be stabilizing after flat March

April 9, 2014 08:20 CET
Russian car sales were flat in March, showing some sign of stabilization after two months of declines, according to the AEB automakers lobby group....
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Renault-Nissan sees bright future in Russia as it relaunches Datsun

April 6, 2014 11:14 CET
Renault-Nissan CEO Carlos Ghosn sees great potential in Russia despite a slowdown in car sales and the Crimea crisis. He spoke after unveiling the on-Do sedan, which Nissan's Datsun brand is launching in Russia....
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Russia's slump threatens Ford, GM in Europe

April 6, 2014 06:01 CET
Russia's falling ruble, shrinking car demand and threat of additional economic sanctions are hitting automakers such as Ford and GM's Opel division just as their European operations are recovering from a six-year slump....
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Russia's slump threatens Ford, GM in Europe

12:01 am U.S. ET | April 5, 2014
Russia's falling ruble, shrinking car demand and threat of additional economic sanctions are hitting automakers such as Ford and General Motors' Opel division just as their European operations are recovering from a six-year slump....
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Ford will cut output, jobs in Russia as ruble and car demand weaken

April 2, 2014 06:01 CET
Ford's Russian joint venture is cutting production and about 950 jobs at two factories in response to the falling ruble and deteriorating demand in the country....
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Daimler mulls production of Mercedes cars in Russia

April 1, 2014 15:51 CET
Daimler is examining whether to build Mercedes-Benz cars in Russia as it seeks to expand its global production base and overtake German rivals BMW and Audi to become the world's top-selling premium automaker....
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Ukraine crisis makes Andersson's turnaround of AvtoVAZ tougher

12:01 am U.S. ET | March 31, 2014
Bo Andersson, the new CEO of Russia's No.1 carmaker AvtoVAZ, is battling to revive the business amid economic uncertainty caused by the Crimea crisis....
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PSA and Dongfeng may cooperate in Russia, Brazil

March 28, 2014 11:20 CET
Dongfeng Motor Chairman Xu Ping said his company's cooperation with PSA could be expanded to include Brazil and Russia, two regions where the French automaker must improve its financial performance....
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AvtoVAZ's 2013 loss shows scale of turnaround task for Russia's No. 1 automaker

March 28, 2014 10:54 CET
Russia's No. 1 carmaker, AvtoVAZ, slumped to a loss last year, hit by falling sales of its Lada cars, underlining the task facing new CEO Bo Andersson as he battles to revive the business amid economic uncertainty caused by the Crimea crisis....
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Russia to limit state procurement of imported cars, report says

March 24, 2014 16:17 CET
Russia plans to restrict state procurement of imported cars in a move aimed at helping domestic carmakers to weather a slump in demand, a report said....
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Renault least vulnerable European automaker in Russian turmoil

March 24, 2014 13:52 CET
Russia's leading carmaker, Renault-Nissan-AvtoVAZ, is best placed to withstand the effects of a weakening ruble from the fallout of the country's annexation of Crimea, analysts say....
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Ruble slide offers mixed blessings for Russia's car industry

March 22, 2014 06:01 CET
The damage to consumer confidence in Russia from a plunge in the value of the ruble could be offset for local carmakers as they become more competitive against foreign brands....
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Ford watching Russia for slow growth after sanctions

March 21, 2014 16:04 CET
Ford is monitoring sanctions against Russia and has not yet seen an impact on its business, COO Mark Fields said....
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