Russia

Russian new-car sales continue steep decline in January

Feb. 8, 2016 15:45 CET

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry....
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Luxury car sales surge in Russia despite crisis

Feb. 3, 2016 16:34 CET

More and more Porsche, Bentley and Rolls-Royce cars are appearing on Russian roads as wealthy buyers take advantage of a weak ruble that means luxury cars are considerably cheaper in Russia than in the U.S....
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PSA will recall 2,484 cars in Russia over possible problem with electronics

Feb. 2, 2016 14:18 CET

PSA/Peugeot-Citroen will recall 2,484 Peugeot 4007 crossovers in Russia because of possible problems with their electronics systems....
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Hyundai posts first monthly global sales decline since July

6:25 am U.S. ET | Feb. 1, 2016

Hyundai's sales fell for the first time in six months in January, dragged down by demand in emerging markets including China, Brazil and Russia....
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Russia's car industry will get new gov't subsidies

Jan. 22, 2016 15:01 CET

Russian Prime Minister Dmitry Medvedev signed a decree to provide $631.35 million in government subsidies to the country's troubled car industry....
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2016 AUTOMOTIVE NEWS WORLD CONGRESS

The auto world according to Jonas

12:01 am U.S. ET | Jan. 18, 2016

Give Adam Jonas a mic and a stage, and you better brace for a rat-a-tat-tat of snap judgments....
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Western automakers hit hard as Russia car sales fell 36% in 2015

Jan. 14, 2016 12:36 CET

Russia's car sales plunged by 36 percent in 2015 in a disastrous year for Western automakers with operations in the country. The pace of the market's decline is set to slow this year, industry insiders said....
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Daimler still plans Mercedes plant in Russia despite weak market

Jan. 13, 2016 06:01 CET

Daimler remains committed to adding a plant in recession-hit Russia to support the 'remarkable' performance of its Mercedes brand, CEO Dieter Zetsche said....
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Russia to spend $275 million in first half to help car industry

Dec. 29, 2015 20:15 CET

Russia's government will spend $275 million to support the car industry in the first half of 2016. New-car sales in the country took their biggest hit this year in November....
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Russia car sales may fall 14% in 2016, PwC forecasts

Dec. 26, 2015 12:04 CET

Russian car sales may fall 14 percent next year to 1.1 million if the country's economy heads into a second year of recession, according to PricewaterhouseCoopers....
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Hyundai expected to miss global sales target for first time since 2008

6:33 am U.S. ET | Dec. 21, 2015

Hyundai is poised to sell fewer vehicles than it projected for the first time since the global financial crisis, after an economic slowdown sapped demand in China and emerging-market earnings slumped due to unfavorable exchange rates....
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Russian car sales plunge 43% in November

Dec. 8, 2015 12:47 CET

Russian car sales plunged 43 percent in November, the biggest monthly drop this year, as a weakening ruble continued to hit demand. Ford, GM and Toyota each saw volume decline more than the overall market last month....
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Ford mulls expanding Russian exports to eastern Europe

Dec. 8, 2015 11:01 CET

Ford may export cars from Russia to eastern Europe to offset the Russian market's deep slump caused by the country's economic crisis. The automaker can produce as many as 350,000 cars a year in Russia and has considerable potential to ramp up exports....
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VW's global sales fall 5.3% in October amid emissions scandal

10:44 am U.S. ET | Nov. 13, 2015

Global deliveries at Volkswagen AG's namesake passenger-car brand dropped 5.3 percent in October as Europe's largest automaker struggled to contain the fallout from a cascade of emissions-manipulation revelations....
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Russian car sales plunge 39% in October

Nov. 10, 2015 14:17 CET

New-car sales in Russia fell 39 percent in October, increasing the pace of decline during the country's economic slump....
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Ghosn says Renault-Nissan alliance poised to win big when Russia rebounds

Nov. 5, 2015 06:01 CET

Renault-Nissan CEO Carlos Ghosn says the alliance's brands – including Lada, Datsun and Infiniti – are well positioned to benefit once Russia's sales slumps ends....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Tavares outlines PSA's product, technology offensive

Nov. 3, 2015 06:01 CET

PSA/Peugeot-Citroen CEO Carlos Tavares is convinced that the good times at the automaker have only just begun as the company readies a product and technology offensive that will help counteract Russia's sales slump and China's slowdown....
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NICK GIBBS

BLOG: Tough tasks ahead for new Skoda chief

12:01 am U.S. ET | Oct. 23, 2015

New Skoda CEO Bernhard Maier inherits a brand in good shape but he must deal with cooling China and Russia markets, and address the problem of Skodas fitted with VW Group's cheat software....
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GM global sales fall 3.1% in Q3

12:58 pm U.S. ET | Oct. 15, 2015

GM's global sales fell 3.1 percent in the third quarter even as North American sales of trucks and crossovers accelerated....
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Russian car sales plunge as automakers raise prices

Oct. 9, 2015 11:22 CET

Russian car sales plunged more than forecast in September, slumping the most in three months as a weaker ruble pushed automakers to raise prices....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford of Europe boss bullish about brand's rebound

Oct. 7, 2015 06:01 CET

New Ford of Europe boss Jim Farley is bullish about the brand's chances of making a profit again soon despite a huge slump in Russia, where the automaker has invested heavily in products and plants. Farley explained to Automotive News Europe why he expects to benefit from the comittment to Russia and a much-improved SUV lineup....
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Renault sticks to goal of consolidating Russia's AvtoVAZ in 2016

Sept. 18, 2015 15:42 CET

Renault is sticking to a goal of adding Russian affiliate AvtoVAZ to its books next year, even with the plunge in the country's car market. AvtoVAZ builds and sells Lada cars and is Russia's largest automaker....
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LUCA CIFERRI

BLOG: 'Fortress Europe' under threat

12:01 am U.S. ET | Sept. 14, 2015

Having the world's toughest CO2 emissions standards has helped keep China and Russia's low-cost competitors out of the European market. So trying to postpone, tame or reduce even tougher future emissions limits being considered by the EU may be a big mistake by Europe's automakers....
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Russian car-sales decline slows to 19% in August

Sept. 8, 2015 15:15 CET

Russian new-car sales fell for an eighth successive month in August, underscoring the country's deepening slide into economic recession, even as a weakening currency encouraged some consumers to spend....
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VW, Ford open engine plants in Russia amid market plunge

Sept. 4, 2015 11:02 CET

Volkswagen and Ford are sticking with long-planned investments in Russian engine factories even as car sales there head toward a six-year low...
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