Automakers sign up to produce more in Russia

International OEMs with plants in Russia are being gently nudged by the Russian government to invest in more capacity and increase local sourcing. A new framework of rules – 'Decree 166' - has been constructed that give foreign investors breaks on tariffs if they invest more in Russia.

RUSSIA: GM Russia shoots for 350,000 output target

8 June 2011

General Motors and the Russian government have signed an agreement that will result in a significant ramp-up to the company's vehicle output in Russia.

RUSSIA: GAZ to assemble Skodas and Volkswagens

14 June 2011

Volkswagen Group has signed a EUR 200m agreement to assemble a combined 110,000 Volkswagen and Škoda vehicles per year at the GAZ plant in Nizhny Novgorod.

RUSSIA: Ford and Sollers sign agreement for new JV

8 June 2011

Ford Motor Company and Sollers OJSC have signed agreements to establish a 50-50-owned joint venture in Russia. The new business, named Ford Sollers, is scheduled to start operations later this year.

RUSSIA: Nissan restarts St Petersburg plant after Japan supply issues

7 June 2011

Nissan Motor Rus has restarted operations at its St Petersburg plant after a five-day break to account for supply changes following the Japanese earthquake, according to Prime-Tass News.

RUSSIA: AvtoVAZ and Nissan sign plastic products deal

6 June 2011

AvtoVAZ and Nissan have inked a technical assistance deal to improve the efficiency of the Russian company's plastic products manufacture.

RUSSIA: Ministry to sign production deal with Fiat

2 June 2011

Fiat is expected to spend US$1.1bn building car and engine production facilities in Russia under an industry assembly agreement, according to the country’s economic development ministry.

RUSSIA: Foreigners close to car plant deals

1 June 2011

Six foreign carmakers, including Ford and Volkswagen, are finalising agreements to spend between US$4bn and $4.5bn in total with local partners in Russia over the next three to four years, a media report said.

May 2011 management briefing: BRIC markets review - Russia

26 May 2011

The nations of Brazil, Russia, India and China form a neat acronym - the BRICs. These countries possess rapidly developing economies, large populations and plenty of untapped potential for consumption growth as incomes rise. They are also experiencing rapid vehicle market growth as well as rising automotive industry activity. For May's briefing theme, Dave Leggett reviews the latest developments and prospects for the BRIC automotive markets. This instalment looks at Russia.