Russian new bus market has grown by 11% in 2018

Russian new bus market (excluding LCVs) has amounted to 13 thousand vehicles in 2018, following a 10.6% year-on-year rise. Russian manufacturer PAZ has become the leader of the market, with more than 60% share of the total volume. 7602 PAZ buses have been sold, reaching the sales figure of the previous year. All the top-3 most popular … Continue reading Russian new bus market has grown by 11% in 2018

Minister Manturov has disclosed the details of the SPIC signed with Hyundai

The minister of industry and commerce Denis Manturov has disclosed the details of the Special Investment Contract (SPIC) signed with the Korean car manufacturer Hyundai.  “The SPIC has been signed for the duration of 10 years. The total amount of investment will be 16.6 billion rubles (approximately $250 million as of January 2019) however, taking into account the … Continue reading Minister Manturov has disclosed the details of the SPIC signed with Hyundai

Lada remains the leader of the Russian automobile market in 2018

Lada remains the leader of the Russian automobile market in 2018. 360,204 Lada cars were sold in Russia last year, indicating a 16% year-on-year rise.  Four Lada models are in the top 10 sales list in Russia. The rating is headed by Vesta with a result of 108,364 cars. The second place is occupied by Granta … Continue reading Lada remains the leader of the Russian automobile market in 2018

Moscow government has assigned a special status to Renault Russia plant

Moscow government has assigned a special status to Renault Russia plant, which will enable the company to receive tax benefits until 2020, as stated by the investment and industrial policy department of the capital city. Renault plant in Moscow has received the status of “manufacturer of vehicles operating in the capital“, as stated in the report.  “The … Continue reading Moscow government has assigned a special status to Renault Russia plant

KAMAZ plans to manufacture 39,000 trucks in 2019

The 2019 Business Plan of Kamaz has been consolidated at the recent meeting of the company Board of Directors, as reported by the company press office. The company will manufacture 39,000 trucks next year according to the plan, 33,000 for the domestic market and 6000 for exports. The share of Kamaz in Russian truck market reaches 45%.  The 2019 … Continue reading KAMAZ plans to manufacture 39,000 trucks in 2019

Avtovaz has announced plans to launch 8 new Lada models until 2026

Avtovaz plans to launch 8 new Lada models and make 9 facelifts until 2026 – according to the company statement.  The details about the models that are planned to be manufactured have not been disclosed yet.  Around 400 engineers have been employed in order to strengthen the scientific and technical potential of the company, including young specialists and graduates … Continue reading Avtovaz has announced plans to launch 8 new Lada models until 2026

Avtotor has launched the full-cycle production of Hyundai HD35 light trucks

Avtotor car plant has announced that the company has launched the serial production of Hyundai HD35 City and Hyundai HD35 light trucks in full-cycle. Thereby, almost the entire range of Hyundai trucks is manufactured at Avtotor along the full technological chain, including welding and painting. Four main models are available in the Russian market currently. Avtotor launched the full-cycle production of … Continue reading Avtotor has launched the full-cycle production of Hyundai HD35 light trucks