All articles by Vladislav Vorotnikov – Page 6
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Russia: Recovery still down the road
Sales of finished vehicles in Russia rose 11.9% in 2017 over the previous year to reach 1.59m units, according to estimates in early January by the Association of European Businesses (AEB). Russia’s long-awaited recovery began in March and gained momentum throughout the year, peaking in December with monthly sales of ...
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Russia moves to boost domestic EV market
Russia has announced a series of support measures to boost domestic sales of electric vehicles (EVs) from fewer than 100 units in 2017 to nearly 100,000 units by 2025 – or 4-5% of overall vehicle sales.According to the federal government’s national strategy for automotive development in Russia, up to 90% ...
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Gaz Group faces halt in assembly
Gaz Group is reported to have said that it may have to cease vehicle assembly in Russia in June because of recently imposed US sanctions that have blocked the import of automotive components from the US, Germany and the Czech Republic.The OEM’s production and export operations have been in doubt ...
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Trump sanctions leave Gaz exports in doubt
The production and export operations of Gaz Group in Russia remain up in the air, after the US first imposed and then delayed sanctions against its owner Oleg Deripaska this month.Deripaska was as one of seven Russian businessmen and 12 companies targeted by the US in early April in response ...
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Russia to halt parts imports during Fifa World Cup
Russia is likely to cease importing almost all automotive components and spare parts for two months from May 25 to July 25, as the federal government seeks to impose unprecedented security measures in the country for the duration of the Fifa World Cup 2018 football tournament.The government is planning to ...
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Skoda restores vehicle assembly in Ukraine
Skoda is reintroducing volume assembly in Ukraine, making it the first foreign carmaker to produce cars in significant numbers there since 2014.The VW-owned company has boosted production at the joint-venture facility it set up with Atoll Holding Group subsidiary Eurocar back in 2001 at Solomonovo, just 2km from the borders ...
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WTO court orders Russia to cut duties on European LCVs
The World Trade Organization’s dispute settlement association, the Appellate Body, has ruled Russian anti-dumping duties on light commercial vehicles (LCVs) imported from Germany and Italy illegal. The Russian federal government now has to lower the duties or face penalties.The EU expects Russia to remove the anti-dumping duties on LCVs altogether, ...
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EU emissions rules leave Russia’s carmakers in a quandary
Russian carmakers may be forced to cut exports to the European Union as a result of the latter’s latest carbon emissions regulations, it has emerged.In a statement released earlier this month, Avtovaz said the latest EU legislation required finished vehicles to have CO2 emissions of under 120g/km, while AvtoVaz’s flagship ...
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Russia seeks to revive vehicle assembly in Syria
Russian companies are considering starting up a number of automotive assembly plants in Syria, Vladimir Padalko, the vice-president of the Russian Trade and Industry Chamber, has revealed.Speaking at the Russia-Syria Investment Forum in Moscow recently, he said the idea of setting up assembly of finished vehicles there by Russian companies ...
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BMW confirms Kaliningrad as site of new Russian plant
BMW has named the Kaliningrad region as the site of its new Russian assembly plant, Denis Manturov, Russia’s industry and trade minister, has revealed. The move has since been confirmed by a BMW spokesperson, according to several news outlets.The German luxury car manufacturer has been looking at locations around Moscow, ...
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VW signs tax exemption deal with Russia
Volkswagen has become the first carmaker to sign a tax exemption deal with the Russian government, according to a recent statement on its website.Under the agreement, the German carmaker is exempt from payment of VAT and excise rates on automotive components, whether imported or produced in Russia, where they are ...
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GM-Uzbekistan plans production in Kyrgyzstan and Russia
GM's joint venture with the government of Uzbekistan has revealed plans to open assembly plants in neighbouring Kyrgyzstan and in Russia.Jahongir Tillaev, director of sales and service for GM-Uzbekistan, said the move would benefit both the company and its customers, as it would ultimately bring down the price of vehicles ...
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Russian regulation: Get local or get going
The industrial assembly policy that Russia’s government has been pursuing since 2008 initially looked to have played out quite well, encouraging the world’s leading automotive manufacturers to build assembly plants in the country. But after several economic crises, including a sharp devaluation of the rouble in 2014 and subsequent market ...
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GM ceases assembly in Belarus in favour of exports to Russia from US
GM has ceased assembly of Chevrolet and Cadillac cars in Belarus for the local market and for Russia, following its exit from production in Russia in 2015.The vehicles, starting with the Opel Mokka and Chevrolet Tracker (elsewhere renamed the Trax) and later the Chevrolet Tahoe and Cadillac Escalade, were assembled ...
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Geely joint venture opens biggest car plant in Belarus
BelGee, a joint venture between the government of Belarus and Chinese carmaker Geely, has just opened the biggest vehicle assembly plant in Belarus.Total production capacity at the plant in Borisov will eventually be around 120,000 vehicles a year.Output will be gradually ramped up, it was revealed at the opening ceremony ...
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Russian carmakers to export vehicles to Latin America
Russian carmakers UAZ and GAZ will begin exporting vehicles to Latin America early next year.Andrey Dorofeev, director of UAZ’s export department, said the carmaker planned to export several trial batches of its Patriot SUV model to Mexico in the coming two months and would also make some trial shipments to ...
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BMW to open assembly plant in Russia ahead of state procurement rule
BMW has confirmed plans to build an assembly plant in Russia to produce vehicles for the domestic market with localised parts. The move has been made ahead of a new state procurement scheme that will oblige regional and federal authorities to purchase only vehicles manufactured in Russia for their own ...
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Russia to provide loans to foreign customers for export purchases
Russia will allocate up to 30 billion roubles ($500m) in the form of soft loans during 2018 for foreign customers willing to purchase finished vehicles made in the country, according to industry and trade minister, Denis Manturov (pictured).The country’s Ministry of Industry and Trade is also planning to create a ...
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Volkswagen pulls the plug on exports from Russia
VW has announced it will cease exports of finished vehicles from Russia in a few weeks’ time, as a result of high raw materials costs, quality issues and differing emissions standards.Speaking to local news outlet Interfax recently, Oliver Grunberg, technical director of Volkswagen Group Rus, said: “The last batch of ...
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Sollers plans to relaunch assembly of SsangYong vehicles in Russia
Speaking in a recent press conference, Vadim Shvetsov, the CEO of Sollers revealed that the Russian company plans to relaunch assembly of SsangYong finished vehicles at its plant near Vladivostok from next year.He added, however, that this is being considered under a “the best scenario” as demand for SsangYong cars ...