Russia

Asian carmakers' Russia ambitions hit by ruble collapse

Dec. 17, 2014 13:28 CET
Asian carmakers, which have been gaining market share in Russia at the expense of European and U.S. rivals, have been hit as the ruble plunges and auto sales skid....
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Nissan doubles output at Russian plant

Dec. 12, 2014 06:01 CET
Nissan is boosting production in Russia as the collapse in the ruble hits its profits. The company started production of its X-Trail SUV at its St. Petersburg factory this week and will add the Qashqai next year....
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Russian auto market decline slows in November

Dec. 8, 2014 14:31 CET
Russian car sales fell 1 percent in November compared with 10 percent the month before as a state scrappage program and a rush to buy cars ahead of price increases helped the country's troubled auto market....
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Daimler seeks to open a car plant in Russia, report says

Dec. 4, 2014 17:31 CET
Daimler has applied to the Russian city of St. Petersburg to set up a car factory there, Interfax news agency reported, citing local officials. Daimler's Mercedes-Benz is Russia's top-selling premium brand....
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Ford will add Fiesta output in Russia as Focus slides

Dec. 4, 2014 06:01 CET
Ford will build the Fiesta subcompact in Russia next year as it scrambles to replace sales lost by collapsing demand for its Focus compact. The Fiesta will be produced alongside the EcoSport small SUV at Ford's third joint venture plant in Russia....
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Russia will extend car purchase incentive plan

Dec. 3, 2014 10:29 CET
Russia will earmark 10 billion rubles (150 million euros) in 2015 to extend a scrappage program for new vehicle purchases. Russia car sales have been hit by a frail economy struggling under Western sanctions and a weakening ruble....
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VW will stop selling Seat cars in Russia next year

Nov. 18, 2014 15:36 CET
Volkswagen's Spanish subsidiary, Seat, will stop selling cars in Russia by early next year because of the country's economic downturn and weakening ruble....
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Weak ruble, gov't subsidy slow Russia's sales decline

Nov. 12, 2014 15:14 CET
Russian car sales fell 10 percent last month, slowing from a 20 percent drop a month earlier, as the weak ruble and a government subsidy started to provide benefits....
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Lada sales rise in Russia as scrappage program helps to counter Western sanctions

Nov. 6, 2014 10:57 CET
AvtoVAZ said Russian sales of its Lada brand increased in October, the first rise in 19 months, as a scrappage program to counter Western sanctions over Ukraine helps to boost demand....
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VW will halt Russia output as sanctions, weak ruble hit demand

Nov. 3, 2014 13:52 CET
VW will halt production in Russia again as Western sanctions and the weak Russian ruble keep hurting auto demand. VW is shutting its factory in Kaluga for five working days through Nov. 7....
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Russia may extend car-buying subsidy scheme into 2015

Oct. 25, 2014 06:01 CET
Russia may extend an incentive scheme for new-vehicle purchases beyond this year to help the car industry weather an economic downturn which has caused sales to plummet 13 percent so far this year....
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Russia may allow Serbia export quota for Fiat cars

Oct. 16, 2014 18:01 CET
Serbian Prime Minister Aleksandar Vucic said an export quota may be agreed with Russia for Fiat 500L cars built in Serbia. Exports to Russia from Serbia have high customs duties....
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Russian market in free fall as Ukraine crisis curbs demand

Oct. 9, 2014 11:53 CET
Russia's auto market is in free fall with new-car sales plunging by 20 percent last month following a 26 percent drop in August as buyers worried about the country's sanctions-hit economy avoid large purchases....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

AvtoVAZ CEO sees 'massive' room for improvement at Lada

Oct. 7, 2014 06:30 CET
Bo Andersson, who became CEO of Russia's AvtoVAZ in January, has been working to turn the carmaker into a profitable part of the Renault-Nissan alliance. Andersson shared some of his early accomplishments with Automotive News Europe....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

AvtoVAZ rebound key to Ghosn's grand plan for Renault-Nissan

Oct. 6, 2014 06:01 CET
Renault-Nissan CEO Carlos Ghosn's plan to make the alliance one of the top three global automakers by 2016 could be derailed if Russia's largest automaker, AvtoVAZ, fails to recover from the country's latest market collapse....
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Betting on Russia, despite turmoil

12:01 am U.S. ET | Oct. 6, 2014
It sounds risky, but many auto executives say that the best response to Western sanctions against Russia is to continue investing there....
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Toyota keeps European sales target despite Russian market slump

Oct. 2, 2014 14:42 CET
Toyota expects its focus on high-end vehicles in Russia will help it ride out the worst effects of the market slump in the country. The automaker says it is sticking to its target of increasing European sales to a million vehicles next year....
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Russia slump drags on for most Chinese brands

Sept. 26, 2014 06:01 CET
The sales slump continued for most Chinese automakers last month in Russia, which is their main export market. Lifan, Geely and Chery all suffered double-digit sales declines in August....
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Opel shakes up operations in Russia

12:01 am U.S. ET | Sept. 22, 2014
Opel will reduce output at its St. Petersburg plant to one shift, because of the Ukraine crisis. It will operate the plant a total of 16 days in the three-month period from August through October....
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Opel shakes up Russia operations

Sept. 16, 2014 09:30 CET
Opel will reorganize its Russian operations in response to difficult market conditions amid the crisis over Ukraine. The GM subsidiary will reduce output at its St. Petersburg plant to one shift....
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EU asks WTO to rule on dispute with Russia over van exports

Sept. 15, 2014 16:15 CET
The EU wants the World Trade Organization to rule on its dispute with Russia after Moscow imposed tariffs on vans imported from Germany and Italy. The EU said Russia is illegally protecting its own producers....
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Russia car sales fall 26% in August as Ukraine crisis hits confidence

Sept. 8, 2014 15:05 CET
New-car sales in Russia fell by 26 percent in August after a 23 percent decline the previous month as Western sanctions over the conflict in Ukraine hit consumer confidence....
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VW will reduce production at Russia plant

Sept. 8, 2014 09:04 CET
VW will reduce production at its Russian factory in Kaluga to 150,000 vehicles this year from 200,000 originally planned, according to sources. VW will halt production at the plant for 10 days this month....
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Renault names new product planning, Russia chiefs

Sept. 2, 2014 11:16 CET
Renault announced top management changes that included naming a new product planning chief and a new boss for the region that includes the key Russian market....
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AvtoVAZ mulls in-house parts production to halt monopolies, corruption

Aug. 30, 2014 10:06 CET
AvtoVAZ, the Russian carmaker controlled by Renault-Nissan, may bring some parts production in-house to gain more competitive pricing and stamp out corruption in its local supply chain....
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