GM is planning on investing US$1bn in its Russian operations over the next five years.

The plan is part of the company’s agreement with the Russian Federal Ministry of Economic Development that is setting a framework for increased volume targets and localisation commitments for foreign carmakers.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The investment will also support the increase of production at the GM-AVTOVAZ joint venture in Togliatti, Russia, resulting in combined annual Russian production capacity for GM of 350,000 vehicles.

GM is planning to more than double annual production at its St Pete plant (which builds the Chevrolet Cruze and Opel Astra) to 230,000 vehicles per year.

Production of the Chevy Niva under the GM-AVTOVAZ JV is planned to rise to 120,000 from 70,000, bringing total production of GM brands in Russia to an annual 350,000 vehicles.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact