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All articles by Vladislav Vorotnikov – Page 10
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ArticleInbound problems force shutdown at AvtoVaz; Andersson vows to overhaul supplier base
Russian vehicle maker AvtoVaz has been forced to stop production at its plant in Togliatti because of inbound supply problems that will halt assembly for three weeks. The company is now planning to get rid of the problem suppliers within the month, according to the company’s president Bo Andersson. The ...
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ArticleRussia may extend transport subsidies to ocean trade
Russia is looking to extend the subsidies it provides for the movement of finished vehicle volumes within the country to the ocean transport sector, in addition to rail, as carmakers continue to struggle with the downturn in the domestic market.Following an agreement established in 2010, the government subsidises vehicle shipping ...
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ArticleUkraine emissions ruling will hit Asian imports
From the beginning of 2016, Ukraine will stop importing passenger cars, knockdown kits and components that fall below the Euro 5 emissions standard. By 2018, the requirements will be raised to Euro 6.The move follows a recently introduced customs law by the Ukrainian government relating to the import and registration ...
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ArticleAvtoVAZ to launch assembly of Lada cars in Egypt
AvtoVAZ is launching production of Lada-badged cars in Egypt this year with local assembler Al Amal. The Russian carmaker will deliver 1,500 semi-knockdown (SKD) kits to the country in 2015, though the plant has capacity for annual production of 9,000 on one shift.“This year AvtoVAZ expects to deliver to Egypt ...
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ArticleRussia pins hope on EEU deal with Vietnam for wider Asian sales
A new deal recently signed between the Eurasia Economic Union (EEU) and the government of Vietnam is expected to see import duties reduced to zero on vehicle kits exported from Russia, Belarus, Kazakhstan and Armenia to the south-east Asian country for assembly there.The EEU’s Minister for Trade, Andrei Slepnev (pictured), ...
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ArticleRussian distributors break contracts with PSA Peugeot-Citroën
On top of the sharp drop in vehicle sales in Russia this year, PSA Peugeot-Citroën has faced additional problems because 20% of its distributors have abandoned their contracts with the carmaker.According to the Russian Automobile Dealers Association (RADA), the French carmaker has already lost dealerships in Bryansk, Kursk, Orel Oblast, ...
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ArticleHyundai picks Egypt for Russian-made vehicle exports
Korean carmaker Hyundai is planning to launch exports of it Solaris model to Egypt from its St. Petersburg plant in Russia. The move it designed to increase its share in the Egyptian market while also compensating for losses in Russia, which saw a drop in overall car sales in April ...
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ArticleRenault Avtoframos to export Duster SUV to Vietnam
Renault-Nissan has said it will launch the duty-free export of the Duster SUV to Vietnam from its Avtoframos facility, near the Russian capital Moscow, within the next two years. Preliminary estimates suggest the carmaker will export between 15,000-20,000 vehicles there a year. The company has also said it will launch ...
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ArticleBaltic seaports hit by fall in vehicle and parts imports to Russia
Ports with automotive terminals on the Baltic Sea have reported losses because of the sharp drop in car and components imports to Russia after the last year’s devaluation of the Russian ruble. Market analysts warn that any further decrease in supplies could result the potential closure of the automotive terminals ...
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ArticleBaltic seaports hit by fall in vehicle and parts imports to Russia
Ports with automotive terminals on the Baltic Sea have reported losses because of the sharp drop in car and components imports to Russia after the last year’s devaluation of the Russian ruble. Market analysts warn that any further decrease in supplies could result the potential closure of the automotive terminals ...
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ArticleBo’s call for increase in Russian import tariffs not likely say experts
At a recent Russian Engineering Union committee meeting, Bo Andersson, president of domestic carmaker AvtoVaz (pictured), said that import duties on foreign brands were still too low, despite the increases Russia has imposed to protect local production."We have to prepare protectionist proposals for the Russian government. As a foreigner, I ...
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ArticleKorean carmakers cut exports to Russia amid falling sales
The export of cars from South Korea to Russia dropped by 71.5% year-on-year at the beginning of 2015 according to a report from the Korea Automobile Manufacturers Association (KAMA). The sudden decline, because of poor sales in the Russian market for some of those carmakers, has forced companies to announce ...
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ArticleRussia: Running on empty?
Rising prices and weak spending power, combined with a devalued currency, the low cost of oil and government cuts, add up to bleak forecasts for the Russian automotive sectorThe Russian automotive logistics industry is no stranger to calamity. Veteran executives will remember Russia’s instability in 1998 during its first financial ...
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ArticleGefco Russia: Big plans, but little certainty
Although the market is suffering, Gefco is still optimistic about recovery as well as future flows between Russia and ChinaDespite Russia’s evident difficulties, Gefco Russia is continuing its aggressive growth strategy, with plans to develop trans-Eurasian logistics and grow its market share in the domestic market. The company is even ...
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ArticleRussian authorities encourage carmakers to launch deliveries to Crimea
Several carmakers in Russia will deliver vehicles to the troubled Crimea region of Ukraine in the first half of 2015, including domestic producers GAZ and VAZ, as well as foreign brands with production facilities in Russia, such as Hyundai and Kia. The move was announced recently by the deputy of ...
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ArticleHyundai and Nissan join a wave of OEMs looking to export from Russia
A growing number of carmakers are announcing the expansion of export supplies from their production sites in Russia because of the dramatic drop in sales on the domestic market. Following the announcement earlier this month that Kia was exporting from its St Petersburg plant its sister firm Hyundai has also ...
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ArticleUAZ looks at new export markets to recover sales
Russian carmaker UAZ has announced plans to target new markets to increase vehicle exports this year following a sharp drop in exports to established markets last year. The company said it would aim at a 40% increase on last year’s figures to markets in South America, the Middle East, Southeast ...
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ArticleKia looks to export from Russia as profit collapses in domestic market
Kia Motors has said it will begin to export vehicles from its Russian facility in St Petersburg to surrounding states, in an effort to offset falling sales and the effects of the depreciated Russian currency on the domestic market.The Korean carmaker is targeting Belarus, Kazakhstan, the Baltic States, Trans-Caucasus and ...
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ArticleGefco sees growing automotive interest for Europe-Asia rail
Since Russian Railways (RZD) took majority control of Gefco in 2012, the companies have been targeting trade between Europe and China, including across the Trans-Siberian Railway, with Gefco expected to use its global network of customers to drive traffic across RZD’s infrastructure. Over the past year, Gefco has run a ...
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ArticleRZD expects dividend from Gefco amid falling Russian market
Despite a turbulent Russian market, along with slow growth with its main automotive customer, the Gefco Group is expected to remain profitable in 2015 and to yield a dividend to its major shareholder, Russian Railways (RZD). The logistics provider also expects to continue to grow in Russia and former Soviet ...