All Russian Federation articles – Page 6

View all stories with this subject category.

  • BORM7835
    Article

    Mazda opens new engine plant in Russia

    2018-09-26T14:17:53Z

    Vladimir Putin and Shinzo Abe recently attended the opening ceremony of a new engine plantat Mazda Sollers Manufacturing Rus in Vladivostok, which was launched officially on September 10. The plant is designed to manufacture 50,000 Sky Activ-G engines per year in accordance with the Euro-5 emission standard. Investors plan to ...

  • Liaz6274_electric_bus
    Article

    Gaz feels the sting of US sanctions

    2018-09-12T11:17:43Z

    Russian OEM Gaz Group is facing supply chain disruption due to several European component suppliers ceasing trade with the company following US sanctions on companies owned or controlled by Oleg Deripaska . According to Russian news source Vedomosti, one of the effects is the supply of electric buses to ...

  • Denis_Manturov_RussianGvmt_web
    Article

    Russians drop US dollar for components purchases

    2018-09-11T14:54:18Z

    Russian Trade and Industry minister Denis Manturov (pictured) has revealed that many Russian automotive manufacturers are increasingly using national currencies, rather than the US dollar, to pay for imported components. The move has been prompted by recent US sanctions on Russia. Several companies have so far announced the policy, trade ...

  • EEU_flags
    Article

    EEU cuts import duties but trade within bloc is in dispute

    2018-09-05T12:04:45Z

    The Eurasian Economic Union (EEU) has officially cut duties on finished vehicles being imported into the bloc from 20% to 17%. The rule took effect from September 1 this year, while a further reduction to 15% is proposed to take place at the same time in 2019. The EEU comprises ...

  • GM-Uzbekistan
    Article

    GM Uzbekistan suspends vehicle sales over pricing

    2018-08-21T09:49:04Z

    GM Uzbekistan has suspended finished vehicle sales in Uzbekistan, after failing to carry through a price increase on the domestic market there. The move follows a similar suspension in Russia – its second biggest market after Uzbekistan – for more than two months on similar grounds. Speaking at a press ...

  • Volkswagen Group Rus Werk in Kaluga
    Article

    VW hit by industrial action in Russia

    2018-08-15T11:17:22Z

    Logistics workers at VW’s assembly plant in Kaluga, Russia, carried out industrial action earlier this month in protest over plans to outsource some staff, trade union MPRA said in a statement on its Facebook page, which was posted on August 6. Logistics workers implemented a go-slow policy at the plant ...

  • Automotive-carriers-Russia1
    Article

    Russia's car exports fail to meet forecasts

    2018-07-30T09:34:44Z

    Russian vehicle exports are behind government expectations, despite being up 3% on last year’s figures. The country exported 34,200 finished vehicles between January and May this year, according to the country’s Federal Custom Service, but due to the logistics subsidies and other state support measures that have been made, the ...

  • BelarusMAZtrucks_03
    Article

    EEU hits vehicle makers with revised rates

    2018-07-23T16:19:51Z

    Carmakers with assembly plants in Russia, Kazakhstan and Belarus are now unable to export finished vehicles duty free within the Eurasian Economic Union (EEU), because the localisation rate has increased. Previously, almost all Russian carmakers, as well as those foreign carmakers with plants in the region, were registered on the ...

  • Russia_parts_warehouse
    Article

    Russia seeks to subsidise cost of parts imports

    2018-07-16T14:51:46Z

    Russia’s Ministry of Trade wants foreign OEMs to continue to comply with the industrial assembly agreements drawn up under Regulation 166. The regulation, which was amended in 2010, allowed foreign carmakers to import parts at preferential rates of customs duty. However, carmakers no longer have a reason to comply with ...

  • Several Russian carmakers were exporting products in 2017
    Article

    Russia's fresh focus on exports

    2018-07-05T14:23:40Z

    In recent years, Russia has put considerable resources into encouraging recovery in its domestic automotive industry. Last year, the federal budget included 62.3 billion roubles ($1 billion) in state aid for carmakers. Such sums have been spent primarily on boosting demand in the domestic market, which has been under pressure ...

  • MajorAutoTrans-250
    Article

    Russian carriers alarmed over rising fuel prices

    2018-07-04T12:14:05Z

    The average price for gasoline in Russia has increased by 8% during 2018, sparking strong concerns amongst logistics providers over rising costs at a time when many are suppressing service charges in the interest of retaining business.Fuel prices are on the rise because of a number of factors, including the ...

  • MaximOreshkin_Russia
    Article

    Russia on its way to join the global automotive trade war

    2018-06-27T14:37:04Z

    The Russian government is considering protective duties against US finished vehicles according to Maxim Oreshkin, Russia’s economic development minister (pictured). Oreshkin held a press conference in Moscow on June 25 and said the country could introduce duties ranging between 18% and 20% in response to the US decision to raise ...

  • Russia to introduce new utilization fee on finished vehicles in 2018
    Article

    World Cup better than expected for logistics

    2018-06-22T16:04:19Z

    The FIFA World Cup 2018 has caused a temporary shortage of transport capacities in certain regions of Russia, with a local rise in tariffs and some delays at customs, according to Irina Novikova, the inland transport department director of Gefco. However, fears of Russia ceasing to import automotive components including ...

  • RussianDealership
    Article

    Russian VAT hike to hit domestic car industry

    2018-06-20T11:38:49Z

    Plans to increase the VAT rate in Russia from 18% to 20% next year look set to hit the automotive and construction sectors hard, Russian economists have warned. The move, designed to collect an additional $10 billion a year for the federal budget, is believed to be the sharpest rise ...

  • Gaz Next production
    Article

    Turkish exports continue to rise

    2018-06-12T10:16:01Z

    Turkey’s automotive exports have risen 17% so far this year to reach a value of $13.9 billion, fresh figures from the Uludağ Automotive Industry Exporters' Association (OİB) have shown. In May – the country’s 28th month of continuous automotive export growth – automotive exports were worth $2.8 billion, up 8% ...

  • StPetersburgEconomicForum
    Article

    New Russian association to encourage a slicker supply chain

    2018-06-06T10:04:23Z

    A group of Russian state-owned and private companies has formed a body called the Digital Transport and Logistics Association (DTLA), reported to be the biggest such association to have existed in the Russian transport industry and tasked with establishing a joined up supply chain supported by the latest digital technology.The ...

  • LandCruiserPrado
    Article

    Vehicle imports to Russia increase in the first quarter

    2018-05-29T09:26:13Z

    Russia imported almost 67,000 finished vehicles during the first quarter 2018, up by just under 50% compared to the same period last year, according to a statement from the country’s Federal Customs Service. Imports over the period were equal to $1.65 billion. It is the first time in a decade ...

  • GEFCO Corby-180
    Article

    Gefco: Full of get up and go

    2018-05-15T17:13:49Z

    French transport and logistics provider Gefco started 2018 with an announcement in Paris that it was looking to cooperate more closely with its partners and customers. At the same time, the company said it was looking for international growth and new business as it continued to move beyond the traditional ...

  • Hyundai-Russia
    Article

    Russia ends era of industrial agreements

    2018-05-15T14:54:20Z

    Russia is scrapping its Regulation 166 agreement, which allows foreign carmakers building cars in the country to import parts at preferential rates of customs duty. According to the country’s Ministry of Economic Development, the industrial agreement regime will cease on July 1 this year.In a statement posted on its website, ...

  • Russia sees the shortage of automotive carriers feature
    Article

    Russia: Recovery still down the road

    2018-05-14T16:22:02Z

    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 ...