Russian automakers in crisis
RUSSIA: Automakers to build vehicles in far east
Russia will begin car assembly this year in its far east in a bid to wean the local market off…
EMERGING MARKETS ANALYSIS: GAZ in crisis as Deripaska’s empire crumbles [includes audio clip]
The global financial crisis has caused a meltdown among Russia’s billionaire oligarchs – and none has been hit so hard…
RUSSIA: Car output plunges 68.9% in Jan-Feb
Russia’s car output decreased 68.9% on the year to 65,100 vehicles in January-February, according to figures released by the Economic…
RUSSIA: AvtoVAZ wants 26bn roubles in state aid
AvtoVAZ hopes to receive some 26 billion roubles (USD680m) from the Russian federal government soon in order to ease a…
RUSSIA: AvtoVAZ sees output down 37% this year
AvtoVAZ has projected a 37% drop in its output this year to 590,000 cars and assembly kits. Business daily Vedomosti…
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RUSSIA: Sales of light vehicles down 38% in February
The Moscow-based Association of European Businesses (AEB) has reported that combined car and LCV sales in Russia were down by…