15 Oct 2009, 06:37 UTC · By: Daniel Patrascu / After at the end of September we announced that what may very well become one of the engines of the future, the so called Cyclone, received a patent from the Korean Intellectual Property Office, the...
14 Oct 2009, 09:40 UTC · By: Bogdan Popa / AvtoVAZ is currently in a desperate situation and, as far as the Russian government is concerned, the company should try anything that's possible to stay in business. The last idea is to allow ...
13 Oct 2009, 13:05 UTC · By: Bogdan Popa / Tire manufacturer Michelin is looking to establish a new unit in Russia that would be in charge of operations in the local markets plus other 11 other countries of the Commonwealth of Independent St...
12 Oct 2009, 10:43 UTC · By: Bogdan Popa / French manufacturer Renault will help AvtoVAZ with technology but, in addition, the two companies will start building cars together in 2012. Bloomberg writes that the joint venture between Renault a...
9 Oct 2009, 07:16 UTC · By: Bogdan Popa / Following Russia's public comments that demanded Renault to step in and help troubled local automaker AvtoVAZ, the French manufacturer yesterday said it will indeed support the Russian company ...
6 Oct 2009, 12:44 UTC · By: Bogdan Popa / Following the comments of Russian Prime Minister Vladimir Putin who urged Renault to step in and help the ailing automaker AvtoVAZ, the French car manufacturer expressed its support and said it is i...
2 Oct 2009, 14:53 UTC · By: Bogdan Popa / AvtoVAZ sees its business in a desperate situation, with the economic chaos forcing the management board take a shocking decision: a job cut affecting more than 27,000 workers. But Russian Prime Min...
28 Sep 2009, 08:33 UTC · By: Bogdan Popa / While Sberbank a few days ago admitted it wants to sell its Opel share to a domestic industrial partner, the Russian government is ready to approve funds for backing local Opel investments, the Russ...
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 ...
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...
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...
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...
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 ...
14 Sep 2009, 08:25 UTC · By: Daniel Patrascu / Even if, for most of us, a Russian-made supercar is not exactly the first thing to come to mind when talking about speed and performance, it doesn't mean Russian supercars don't exist. Whe...
12 Sep 2009, 16:40 UTC · By: Alina Dumitrache / With September 13 being the last day of the Off-Road-Rally of the Dakar-Series' „Silk Way Rally“, international Audi / Volkswagen tuner Hofele Design has released a new body kit for...
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...
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...
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...
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.
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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...