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VW, Renault, Toyota boost sales in Russia

VW, Renault, Toyota boost sales in Russia

12.October 2016

September, although Lada, Renault, Volkswagen and Toyota bucked the downward trend by boosting their sales. Sales fell to 125,568 last month, the Association of European Businesses (AEB) lobby group said on Monday.

Daimler confirms talks with Russia for plant

Daimler confirms talks with Russia for plant

16.June 2016

Daimler confirmed it is in talks with Russian authorities to build Mercedes-Benz cars in the country.

Ghosn will give up AvtoVAZ chairmanship

Ghosn will give up AvtoVAZ chairmanship

19.April 2016

Renault-Nissan said this week it will give up the chairmanship of AvtoVAZ, a further sign that its hold on the maker of Lada cars has been weakened by recent tensions over restructuring at a time of collapsing Russian demand for vehicles.

Renault Romania chief to become AvtoVAZ CEO

Renault Romania chief to become AvtoVAZ CEO

15.March 2016

Nicolas Maure, the head of Renault’s Romanian subsidiary Dacia, will replace Bo Andersson as CEO of Russia’s largest automaker AvtoVAZ, a source close to AvtoVAZ shareholders told Reuters.

AvtoVAZ CEO Andersson to step down

AvtoVAZ CEO Andersson to step down

8.March 2016

The Renault-Nissan alliance said Bo Andersson planned to step down as CEO of AvtoVAZ, which builds Lada cars in Russia. AvtoVAZ’s board will meet on March 15 and is expected to announce Andersson’s replacement, the company said in a statement.

Russian new-car sales continue steep decline in January

Russian new-car sales continue steep decline in January

8.February 2016

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry.

PSA will recall cars in Russia over problem with electronics

PSA will recall cars in Russia over problem with electronics

4.February 2016

PSA/Peugeot-Citroen will recall 2,484 Peugeot 4007 crossovers in Russia because of possible problems with their electronics systems, Russian state standards agency Rosstandart said on Tuesday.

Russia car sales may fall 14% in 2016

Russia car sales may fall 14% in 2016

28.December 2015

Russian car sales may fall another 14 percent next year if the country’s economy heads into a second year of recession, according to PricewaterhouseCoopers.

Russian car sales plunge 43% in November

Russian car sales plunge 43% in November

9.December 2015

Russian sales plunged 43 percent to 131,572 vehicles in November, the biggest monthly drop this year, as a weakening ruble continued to hit demand.

Russian car-sales decline slows in August

Russian car-sales decline slows in August

10.September 2015

Russian new-car sales fell for an eighth successive month in August, underscoring the country’s deepening slide into economic recession, even as a weakening currency encouraged some consumers to spend.

VW considers exporting Russia-built cars

VW considers exporting Russia-built cars

31.August 2015

Volkswagen may export Russia-produced cars to other countries to offset collapsing sales in the crisis-hit market.

Russian car sales fall 27.5 pct y/y in July

Russian car sales fall 27.5 pct y/y in July

10.August 2015

New car sales in Russia fell 27.5 percent year-on-year in July after a 29.7 percent drop in the previous month, the Association of European Businesses (AEB) lobby group said on Monday.

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