Russia's automotive sector facing crisis

RUSSIA: Moscow looks to boost market by 200,000 vehicles in 2015

Russia's Transport Ministry says it is looking to use RUB15bn (US$249m) of automotive subsidies in six months this year as…

RUSSIA: Kremlin mulls US$332m automotive subsidy: analyst

Russia is mulling providing subsidies to the automotive industry this year of RUB20bn (US$332m) says a Moscow analyst, with the…

RUSSIA: AvtoVAZ backs Euro V introduction

AvtoVAZ is urging the Russian government not to delay implementing Euro V emissions standards as the country increasingly addresses environmental…

RUSSIA: Rouble pressure creates domestic opportunity: Avtotor

Pressure on the Rouble is creating headaches for producers with exposure to overseas currencies, but also provides impetus for domestic…

COMMENT: Russia defiant in face of yet another crisis

You might be forgiven for thinking the Russian Federation was at the edge of an economic precipice at the moment,…

RUSSIA: General Motors closing Russian assembly lines, axing Opel

General Motors on Wednesday (18  March) said it would "change its business model in Russia" by axing Opel (as it…

RUSSIA: PCMA looks to domestic talent for top jobs

PSA Peugeot Citroen and Mitsubishi's joint venture in Kaluga, PCMA 'strongly insists' its management must be 'Russified' as it looks…

RUSSIA: No more AvtoVAZ layoffs despite market contraction: Bo Andersson

AvtoVAZ says there will be no further layoffs as the automaker estimates Russia sales for 2015 will be between 1.5m and…

COMMENT: Oiling the Russian economy

Despite some small recovery in the oil price of late, adding a few pence, cents or centimes back onto a…

RUSSIA: GAZ quiet on US$400m State guarantee speculation

GAZ Group is remaining tight-lipped surrounding speculation it has requested RUB25bn (US$403m) in guarantees from the Russian State. Sources in…