Russia

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

Ford watching Russia for slow growth after sanctions

10:04 am U.S. ET | March 21, 2014
Ford, which has three auto factories in Russia, is monitoring the sanctions against that nation for its involvement in Ukraine and hasn't yet seen an impact on its business, COO Mark Fields said today.... Read More »

 

VW keeps to Russia growth plan as Europe weighs sanctions

March 20, 2014 16:52 CET
Volkswagen CEO Martin Winterkorn says the carmaker will stick with ambitious expansion plans in Russia even as European leaders consider sanctions over the country's seizure of Crimea.... Read More »

 

BMW's finance chief sees risks to group's Russia business

March 20, 2014 11:58 CET
BMW CFO Friedrich Eichiner said any worsening of the crisis between Ukraine and Russia would jeopardize the company's outlook.... Read More »

 

Russian car slump slows on weak ruble

March 12, 2014 12:33 CET
Russian new-car sales fell 2 percent in February, which was an improvement on a 6 percent drop in January, as a sliding ruble encouraged consumers to place orders.... Read More »

 

Ford, GM, Renault fear Ukraine crisis may hit key Russian market

March 4, 2014 12:29 CET
Top executives from Ford, General Motors, Renault and other global automakers said they're watching with keen interest the impact on automotive markets from Russia's territorial dispute with neighboring Ukraine.... Read More »

 

Carmakers worry emerging markets gloom could overshadow European recovery

March 4, 2014 11:40 CET
Renault has trimmed its growth forecast for the global car market this year, in a sign that the industry is becoming increasingly worried about volatile emerging markets even as demand in Europe starts to pick up.... Read More »

 

Ford, GM, others monitor Russian dispute with Ukraine

6:29 am U.S. ET | March 4, 2014
Top executives from Ford, General Motors, and other global automakers said they're watching with keen interest the impact on automotive markets from Russia's territorial dispute with neighboring Ukraine.... Read More »

 

China's Changan to assemble vehicles in Russia and Iran

Feb. 28, 2014 10:23 CET
China's Changan Automobile, a major state-owned automaker, plans to build complete knockdown plants in Russia and Iran to increase its exports, according to local media and the company.... Read More »

 

Russia's AvtoVAZ reports 2013 loss on market slump

Feb. 18, 2014 12:02 CET
Russia's AvtoVAZ, which builds Lada cars, reported a loss of 6.9 billion rubles ($196 million) for 2013 due to a slump in the country's auto market.... Read More »

 

Russian car sales fall 6% in January amid weak economy

Feb. 10, 2014 15:41 CET
Russian vehicle sales got off to a poor start in 2014, falling 6 percent in January. Full-year deliveries may decline 2 percent, delaying the country's bid to pass Germany as Europe's No. 1 market.... Read More »

 

China's Guangzhou plans to assemble cars in Russia

Jan. 29, 2014 13:17 CET
China's Guangzhou Auto will start assembling vehicles in Russia and Iran using complete knockdown kits shipped from China. The move is part of a wider plan to push into emerging markets this year that includes the start of vehicle exports.... Read More »

 

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