Nissan – Made in Russia, Courtesy of AvtoVAZ
26 Sep 2009, 13:14 UTC · By: Bogdan Popa / The Japanese carmaker Nissan is looking to boost its production in Russia and might sign an agreement with local manufacturer AvtoVAZ to start building B segment cars by 2012. Nissan already owns a ...
Sberbank Plans to Sell Opel Stake
26 Sep 2009, 13:13 UTC · By: Bogdan Popa / While Magna International denied entering negotiations with Chinese carmaker Geely over a potential sale of an Opel stake, Sberbank has already confirmed that it intends to sell its share to a Russi...
AvtoVAZ to Kill 27,600 Jobs
24 Sep 2009, 10:14 UTC · By: Daniel Patrascu / The largest Russian car manufacturer, AvtoVAZ, announced today it plans to cut about a quarter of its workforce in an effort to compensate for the severe drop in sales it is experiencing with its L...
Opel Astra to Be Built in Russia
19 Sep 2009, 06:41 UTC · By: Daniel Patrascu / Sberbank, the Russian side of the GM-Magna-Sberbank-Opel affair, announced today that the new generation Opel Astra will be built in Russia, at GM's St. Petersburg plant. Production at the plan...
Russia Getting Opel Funds Concerns Rise
14 Sep 2009, 11:01 UTC · By: Bogdan Popa / General Motors last week announced that it will sell a 55 percent of Opel to Magna International and the Canadian - Austrian can already start planning the future. The first major step is receiving ...
AvtoVAZ to Cut 5,000 Jobs
11 Sep 2009, 14:57 UTC · By: Bogdan Popa / The collapse the Russian auto sector is experiencing is getting more serious by the day and automakers selling cars in the country are forced to impose the same cost-cutting measures we've seen...
Putin Satisfied with GM's Opel Sale
11 Sep 2009, 14:04 UTC · By: Bogdan Popa / Russia's Prime Minister Vladimir Putin said today that General Motors did the right thing to sell Opel to Magna and Sberbank and revealed that the two allies are currently involved in deep talk...
Germany Agrees GM's Position on Opel Has Changed
7 Sep 2009, 12:03 UTC · By: Daniel Patrascu / Fervent supporter of a deal between Magna and Opel, the German state admitted during the weekend that GM is no longer the troubled carmaker which put Opel up for sale earlier this year, hinting that...
GAZ Denies Opel Stake Interest
7 Sep 2009, 08:45 UTC · By: Daniel Patrascu / Russian carmaker GAZ and its owner, Oleg Deripaska, denied having any interest in acquiring a stake in German manufacturer Opel, despite the fact GAZ is Magna's partner in their bid for Opel. ...
Ford to Halt Russian Production for Two Weeks
2 Sep 2009, 09:41 UTC · By: Bogdan Popa / Ford will once again halt production in Russia, as the collapsing demand is continuously reducing the company's sales in the country. Unfortunately, the American manufacturer is once again forc...
GAZ Group to Fire 8,000 Workers
31 Aug 2009, 08:16 UTC · By: Bogdan Popa / The difficult economic times continue in Russia, a country in which automakers are still forced to turn to cost-cutting measures in order to save as much money as possible. GAZ Group is one of the c...
Locally Assembled VW LCVs Hit the Russian Market
12 Aug 2009, 14:10 UTC · By: Alexandru Radu Chis / In spite of difficult market conditions in Russia, VW began commercializing the domestically-built Transporter, Caravelle, Multivan and Caddy models. This is good news for everyone, but especially t...
Ford and GM Record Massive Sales Drop in Russia
11 Aug 2009, 10:40 UTC · By: Alexandru Radu Chis / Statistics gathered by the Moscow-based Association of European Businesses (AEB) show an overwhelming drop in car sales on the Russian market for the month of July. American companies Ford Motor Co....
Ford Restarts Production in Russia
11 Aug 2009, 07:08 UTC · By: Bogdan Popa / Following a well-deserved summer holiday, more or less pushed by the global economic chaos, Ford's Russian plant is restarting production and hopes for better times in the upcoming months. The ...
AvtoVAZ Workers Rallied Against Potential Job Cuts
10 Aug 2009, 14:37 UTC · By: Alexandru Radu Chis / After we reported in late July that Russia's biggest auto maker, AvtoVAZ was closing its production gates for a month, we now return with updated news regarding this subject. More than 2,000...
Fiat Partner Builds Plant in Russia
31 Jul 2009, 10:02 UTC · By: Bogdan Popa / Sollers, who was previously known as Severstal-Avto, will build a new production facility in Russia to manufacturer commercial vehicles for several carmakers. Sollers, who is Fiat's Russian joi...
Nissan Halts St. Petersburg Production
31 Jul 2009, 06:58 UTC · By: Bogdan Popa / Nissan will suspend production at its Russian plant in St. Petersburg but not due to economic reasons as many of us might be tempted to believe, the company officials emphasized. Activities will be ...
AvtoVAZ Will Shutdown for a Month
22 Jul 2009, 12:03 UTC · By: Alexandru Radu Chis / Russia's largest car maker, AvtoVAZ faces more problems due to the current economic climatel. Faced with plunging sales, the auto maker is expected to close its gates and suspend production for...
Magna Ready for Opel Ultimatum
20 Jul 2009, 09:52 UTC · By: Bogdan Popa / Things are going from bad to worse for Canadian parts manufacturer Magna who's now seeing itself forced to submit a new offer for Opel, following the course of negotiations between the GM and R...
Germany Denies RHJ Is Opel's Favorite
16 Jul 2009, 12:36 UTC · By: Daniel Patrascu / The twisted tale which engulfed GM's German based brand Opel grows in proportion, as reports confirmed by one or more parties involved are denied by the others. Even if RHJ International offici...