Russia

Russian car sales totalled US$9bn in the first half of 2006, nearing the US$12.4bn achieved in the whole of 2005. The Russian car market is well on the way to exceeding 2mn units... 2006-07-11

Belgian and German parts manufacturers are ramping up investment in components plants in Hungary and Russia. Belgian auto parts maker Thyco has begun construction of a plant in the... 2006-07-11

Kia's Russian sales rose to 27,900 vehicles in the first half of 2006, from 9,621 in the same period in 2005, according to local distributor SOKia. The most popular Kia model was... 2006-07-06

The first five months of 2006 indicated a rebound in sales of Russian brands, while foreign branded cars produced in Russia witnessed a further rise in sales. In January-May, overall... 2006-06-22

Russia's Gorkovsky Avtomobilny Zavod (GAZ, Gorky Automobile Plant) is in talks over the acquisition of troubled UK van manufacturer LDV. The move comes just six months after the Birmingham-based... 2006-06-21

Ford's strike-prone Russian plant was hit with another blow this week after the firm lost tax breaks worth US$700 per vehicle. The carmaker's tax incentives from the regional government... 2006-06-20

The Izhevsky Automobile Plant (Izh-Avto), one of Russia's leading carmakers, recorded net income of RUB6.49mn in Q1 2006, a rise of 240% y-o-y. Earnings grew by 210% y-o-y to RUB3.57bn,... 2006-06-19

The divorce is off and General Motors and Russian carmaker AvtoVAZ look set to reconcile their relationship, with officials from both firms stating that their Russian joint venture... 2006-06-15

Renault is in talks with car manufacturer AvtoVAZ over future collaboration, with signs that the Russian firm's joint venture with GM is likely to be dissolved.Renault has reportedly... 2006-06-01

The Russian Economy Ministry has indicated that Volkswagen will pick a site for a car assembly plant in Russia this week. Yury Zhdanov, head of the Russian Federal Agency for Special... 2006-05-17