Russia
Industry
Led by strong growth in demand, Ford is looking to add more production capacity at its St Petersburg plant. While expansion opportunities for Ford continue, company vice-president...
2008-05-23Companies
French automaker PSA Peugeot-Citroen and Japan's Mitsubishi have set up a joint venture to produce vehicles of three brands, Peugeot, Citroen and Mitsubishi in
2008-05-21Industry
Russia is increasingly becoming one of the biggest European markets for carmakers like Nissan and Renault. BMI estimated that car sales grew 50% in 2007 to 2.7mn units. With the Japanese...
2008-05-19Companies
The Russian government has stated that it does not intend to sell its 38% stake in truck maker Kamaz, following reports that investment company Troika Dialog was planning to increase...
2008-05-09Companies
Russian carmaker AvtoVAZ revived its fortunes in April with sales growth of 29% year-on-year (y-o-y) with up to 67,000 cars sold. The strong performance marks a turnaround from the...
2008-05-07Companies
Kaliningrad-based carmaker Avtotor dropped production of Chery models from March and a new car plant has been scrapped in a major setback for Chinese attempts to break into the rapidly...
2008-05-07Companies
Valeo is planning a surge of investment in Russia, with several partnerships in the pipeline, according to its CEO Thierry Morin. The car parts maker is seeking to repeat the strategy...
2008-04-29Companies
Scania continues to meet with success in Russia. The Swedish truck maker has just received an order from the Russian grocery chain X5 Retail Group for 146 of its distribution trucks,...
2008-04-23Companies
Russian automakers continue to forge ties with foreign companies in order to boost growth at home. In the latest industry developments Russia's GAZ and the Brazilian bus manufacturer...
2008-04-21Companies
Japanese carmaker Nissan has announced plans to enter Russia's light commercial vehicle market. According to industry sources, the company is preparing to launch the NP300 pick up...
2008-04-18




