Industry Developments

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

Russia's largest automotive producer, AvtoVAZ, has reported a 20.2% increase in domestic car sales for the first quarter of 2008. According to industry sources, AvtoVAZ sold 144,700... 2008-04-07

Russia's largest truck maker KAMAZ continues to pursue its policy of establishing strategic alliances. According to sources familiar with the company, KAMAZ is considering the possibility... 2008-04-02

Czech bus maker Iveco Czech Republic AS has unveiled record sales for 2007. According to company sources, the country's biggest bus manufacturer almost doubled net profit in 2007... 2008-03-25

Company sources say General Motors is bidding to sell more than 300,000 cars in Russia this year. The carmaker operates under five brands in the country, including Opel, Chevrolet... 2008-03-20

Opel has become the best-selling brand in Bulgaria according to data from the Union of Automobile Importers In Bulgaria (SVAB). During the period January-February 2008, the 10 Opel... 2008-03-17

Fiat's new 500 model has proved such a success that the carmaker has moved to raise production in order to meet soaring demand. The Fiat 500 is made exclusively at Fiat's plant in... 2008-03-11

French carmaker Renault and AvtoVAZ of Russia have concluded the deal whereby Renault will obtain 25% plus one share in AvtoVAZ for US$1bn. Renault beat out the likes of General Motors,... 2008-03-03

Ford of Europe has welcomed the European Commission's decision to approve its acquisition of the former Daewoo factory in Romania. The Romanian government, which holds a 72.4% stake... 2008-02-28

According to industry sources, the Daimler Group is examining the possibility of building a new plant in Romania. The company has reportedly had talks with the mayor of Cluj-Napoca,... 2008-02-27