Sales of new cars and light commercial vehicles in Russia continue to decrease • Sales of new passenger cars and LCVs in Russia decreased by 51% in the first eight months of 2009 and by 54% in...

The Federal Antimonopoly Service (FAS) wants to expand list of banks granting subsidized loans on Russian-produced cars. At moment, only 8 banks are able to fulfill requirements. FAS proposed that...

Unicredit bank has amended its conditions for granting car loans to individuals for the purchase of foreign cars. In accordance with new conditions, the car loans standard program reduced rates for...

Yokohama Rubber Co. has partnered with Itochu Corp. to create a tire manufacturing and sales company in Russia. The new company – Yokohama RPZ LLC – is capitalized at 3.76 billion ruble...

Volkswagen is producing 14 models in Kaluga. The current production includes the following models: Volkswagen Golf, Jetta, Passat and Passat CC, as well as Skoda Fabia, Superb, Octavia and Octavia...

Summary: * Number of new and used car sales down 55% in H1 * Value of market down 62 pct to $12.8 bln in H1 * Recovery depends on state action The number of new and used cars sold in Russia...

Le constructeur automobile russe AvtoVAZ a décidé d'arrêter sa production pour le mois d'août, a annoncé un porte-parole mercredi. Les employés seront mis un congès rémunéré à 60% de leurs salaire...

Sberbank of Russian jointly with Volkswagen Financial Services Rus have declared launch of cooperation on auto loans programs for acquisition of Volkswagen, Audi and Skoda from all official...

On 7th July 2009, the Federal Antimonopoly Service (FAS Russia ) initiated a case against «BANK URALSIB» OJSC and «Toyota Bank» CJSC for violating Part 2 Article 11 of the Federal Law «On...

Avtovaz, dont Renault détient 25 %, est touché de plein fouet par la crise. Le français abandonne sa gestion à un russe. « Notre priorité, c'est la Russie », martèle Carlos Ghosn. Après avoir...