Sales of new cars and light commercial vehicles in Russia continue to decrease • Sales of new passenger cars and LCVs in Russia decreased by 51% in the first eight months of 2009 and by 54% ...
The Federal Antimonopoly Service (FAS) wants to expand list of banks granting subsidized loans on Russian-produced cars. At moment, only 8 banks are able to fulfill requirements. FAS proposed ...
Unicredit bank has amended its conditions for granting car loans to individuals for the purchase of foreign cars. In accordance with new conditions, the car loans standard program reduced rates ...
Yokohama Rubber Co. has partnered with Itochu Corp. to create a tire manufacturing and sales company in Russia. The new company – Yokohama RPZ LLC – is capitalized at 3.76 billion ruble ...
Volkswagen is producing 14 models in Kaluga. The current production includes the following models: Volkswagen Golf, Jetta, Passat and Passat CC, as well as Skoda Fabia, Superb, Octavia and ...
Summary: * Number of new and used car sales down 55% in H1 * Value of market down 62 pct to $12.8 bln in H1 * Recovery depends on state action The number of new and used cars sold in ...
Le constructeur automobile russe AvtoVAZ a décidé d'arrêter sa production pour le mois d'août, a annoncé un porte-parole mercredi. Les employés seront mis un congès rémunéré à 60% de leurs salaire ...
Sberbank of Russian jointly with Volkswagen Financial Services Rus have declared launch of cooperation on auto loans programs for acquisition of Volkswagen, Audi and Skoda from all official ...
On 7th July 2009, the Federal Antimonopoly Service (FAS Russia ) initiated a case against «BANK URALSIB» OJSC and «Toyota Bank» CJSC for violating Part 2 Article 11 of the Federal Law «On ...
Avtovaz, dont Renault détient 25 %, est touché de plein fouet par la crise. Le français abandonne sa gestion à un russe. « Notre priorité, c'est la Russie », martèle Carlos Ghosn. Après ...
The Russian Government has just updated the current program to support automotive industry. In 2009 from the federal budget are allocated grants to the Russian banks which have extended ...
U.S. car giants General Motors and Ford suspended operations on their production lines in Russia Wednesday as the deepening economic crisis squeezes Russian consumers' demand for new cars. GM ...
American International Group (AIG) annonce avoir conclu la vente de sa filiale russe de crédit à la consommation à Banque PSA Finance, filiale à 100% de PSA Peugeot Citroën. L'accord porte ...
NEW YORK---Jun. 29, 2009-- American International Group, Inc. (AIG) today announced that it has entered into an agreement to sell 98 percent of the shares in its consumer finance operations ...
A formal cooperation agreement between "Rusfinance Bank and Hyundai Motor CIS was signed. The first step is the creation of a new joint special program "Hyundai", with an attractive interest rate ...
"NovaMotors” will be the first AvtoVAZ mono-brand automotive network, seen as an "anti-crisis solution" and it would, in particular, occupies areas of closed dealerships and sell Lada cars. ...
Sales of new cars and light commercial vehicles in Russia continue to decrease: • Sales of new passenger cars and LCVs in Russia decreased by 58% in May 2009 and by 47% in the first five months ...
MILAN (Reuters) - Une alliance à trois entre le constructeur russe AvtoVAZ, dont Renault est actionnaire, Opel et Magna est possible, avec pour objectif de doubler en cinq ans la production ...
Les acheteurs du bloc de contrôle de l'allemand Opel, Sberbank et le canadien Magna, pourraient créer en partenariat avec AvtoVAZ un centre russe unifié de production de voitures légères financé ...
Le constructeur automobile russe Avtovaz et la banque française Société Générale ont signé mardi un accord sur l'octroi d'un crédit de 171,5 millions d'euros par le groupe bancaire pour financer ...
Russian automaker GAZ Group has agreed on debt restructuring with some of its lenders, including Sberbank, Gazprombank, A source close to GAZ Group said that Sberbank, Gazprombank, had already ...
Le constructeur automobile américain Ford a suspendu une nouvelle fois sa production, du 25 mai au 5 juin, sur le site de Vsevolojsk près de Saint-Pétersbourg (nord-ouest) en raison de la ...
Plunging automotive sales have brought domestic auto giants to their knees, and even foreign majors are feeling the pinch. New car sales in Russia declined 40 percent overall in the first ...
Renault pourrait réduire de plus de 30% (à 50.000 voitures par an) sa production dans l'usine Avtoframos en 2009, alors que l'assemblage de GM-AvtoVAZ enregistrait un recul de 84% au premier ...
Toyota Bank started providing credits in RUR for purchasing Toyota Camry and Toyota Avensis produced in 2008. Moscow Credit Bank (MCB) changed conditions for crediting new foreign cars. Toyota ...
Les constructeurs automobiles revoient en baisse leurs prévisions de ventes en Russie pour la fin de l'année, lit-on jeudi dans le quotidien Gazeta.ru. Seuls Volkswagen, Citroën et certaines ...
Renault : chute des ventes en Russie, réduction des cadences à Avtoframos Le constructeur automobile français Renault, confronté à un plongeon de ses ventes en Russie, a annoncé vendredi qu'il ...
Russian State Loan Relieves Car Maker of Need to Cut CostsArticle MOSCOW -- Russia last week agreed to provide the country's biggest car manufacturer, OAO Avtovaz, with an interest-free loan, ...
The Russian government pledged more than $1 billion in state support to its ailing car industry in a bid to avoid heavy job losses and potential social unrest, as the once-booming car market ...
Le Premier ministre russe Vladimir Poutine a annoncé lundi une série de mesures destinées à soutenir un secteur automobile confronté à un plongeon catastrophique de ses ventes, afin de permettre ...
Selon des informations rapportée par Ria Novosti, la chute du marché des voitures de tourisme pourrait se chiffrer en 2009 à 60% en glissement annuel, a déclaré lundi le ministre de l'Industrie ...
AvtoVAZ, le premier constructeur automobile russe, peut espérer des aides publiques de plus de 20 milliards de roubles (446 millions d'euros), a déclaré lundi le Premier ministre russe Vladimir ...
Mahindra & Mahindra, the Indian automotive group, is one of the two companies vying to buy LDV, the Birmingham-based vanmaker owned by Oleg Deripaska, the Russian billionaire, The Times has ...
Renault est hostile à une augmentation de capital d'AvtoVAZ, qui diluerait sa participation de 25% dans le capital du constructeur automobile russe, a déclaré vendredi Christian Estève, en charge ...
Now that it has abandoned plans to take over ailing Amtel-Vredestein, Sibur-Russian Tyre says it may acquire A-V assets is the company files for bankruptcy, according to news reports. The ...
One of Russia’s main economic zones, the Kaluga region, plans to attract $500 million of foreign investment this year, less than a third of its 2008 total, as the key carmaking industry slows. ...
LDV, the struggling vanmaker owned by Oleg Deripaska, the Russian billionaire, is offering vans to creditors to offset its debts. The Birmingham-based business, which has told the ...
AvtoVAZ (Lada, Priora, Kalina) mise en 2009 sur 30% du marché automobile nationale qui ne dépassera pas 1,5 million de voitures neuves en 2009 (contre près de 3 millions d'unités en 2008), a ...
En janvier-février 2009, les ventes d'automobiles en Russie ont chuté de 36% en glissement annuel, à 140.384 unités, a annoncé l'Association of European Businesses (AEB) dans un communiqué. En ...
One of the authors of research - Gennady Sukhanov explained Gazeta correspondent that the company situation was rather difficult indeed; first of all it is connected with their huge debt and ...