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All articles by Vladislav Vorotnikov – Page 3
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NewsVW signs joint venture for assembly in Uzbekistan
Volkswagen Group’s division in Russia – Volkswagen Group Rus – has entered into a joint venture with the Uzbek state-owned corporation Uzavtosanoat to assemble cars in Uzbekistan. The deal was formalised in an inter-governmental agreement signed by German president Frank-Walter Steinmeier and Uzbek president Shavkat Mirziyoyev ...
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ArticleGaz Group rolls towards bankruptcy
The Russian carmaker is desperately urging the US government to abandon sanctions against it before the company falls into bankruptcy. Oleg Deripaska, owner of Gaz, warned that July 4, when the existing sanctions are due to come into full effect, could be the last functional day of its production operations.
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NewsRussian carmakers boost exports to help plant capacity
In the first quarter of 2019 Russia exported 22,700 finished vehicles, an increase of 43.3% compared to the same period last year and equal to $307m, according to the Russian Federal Customs Service. Vladimir Bespalov, analyst of the Russian consulting service VTB capital, said a number of ...
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NewsRussian Railways poised to sell stake in Gefco if market improves
State-owned Russian Railways (RZD) has secured government approval to sell a stake in French logistics provider Gefco…
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NewsMazda left without logistics subsidies in Russia
The Russian government has cancelled logistics subsidies for finished vehicle transportation from the Far East to the European part of the country, leaving Mazda Sollers bereft of support…
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AnalysisA special case: how Russia hopes to boost local production with investment contracts
Russia is attempting to boost tier supplier capacity via contracts with OEMs and logistics subsidies for parts makers, but it is unclear how successful this will be
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ArticleOEMs push Russia to pay promised subsidies
A group of carmakers in Russia has asked the government to pay the outbound logistics subsidies it promised for finished vehicles and automotive components delivered to foreign markets in 2018.
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ArticlePutin promises to help VW with special contracts and state support
Russian president Vladimir Putin has placated tension between VW Group and the Russian Ministry of Industry and Trade by promising the carmaker a special investment contract (Spic) and access to additional state support if it goes ahead with plans to increase production in the country. The carmaker is ready to ...
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ArticleRussia to set up parts cluster near EU border
Russia’s Industry and Trade Ministry is planning an automotive components cluster of up to 20 companies in Kaliningrad, the country’s western outpost, which is sandwiched between Poland and Lithuania. The federal government intends to make available funds to reimburse between 10% and 20% of capital costs for all projects established ...
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ArticleRussia scrambles to find replacements as Ford exits passenger market
Ford is ending passenger car production in Russia and has cancelled future imports to the country. The move is a dramatic turnaround on plans announced in January this year that it was embarking on a $500m reorganisation of its loss-making joint venture with local carmaker Sollers. It means the closure ...
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ArticleGM Uzbekistan sets plant up in Kazakhstan
GM Uzbekistan is to open a vehicle assembly line in Kazakhstan to take advantage of the shared customs space under the Eurasia Economic Union (EEU). The carmaker, which is now owned solely by state-owned corporation Uzavtosanoat following GM’s withdrawal from the joint venture, has signed a contract with Kazakh automotive ...
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VW plans to expand output in Russia
Volkswagen plans to invest Rub40 billion ($630 million) to develop its output in Russia under the terms of the special investment contract (SPIC) the carmaker is about to sign with the Russian government.VW intends to expand its production range in the finished vehicles sector and to significantly increase engine production ...
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ArticleRussian vehicle imports hit a bump in the road
Vehicle imports to Russia have been growing for almost two years alongside the recovery in sales in the domestic market. In 2018, the country imported 293,100 finished vehicles, up almost 10% compared with the same period the previous year, according to the Russian Federal Customs Service. The value of vehicles ...
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ArticleRZD launches China-Belarus service for Geely
Russian state-owned rail monopoly Russian Railways (RZD) has launched a block train service from China to Belarus for carmaker Geely, to serve its BelGee plant in the city of Zhodino. The plant, which is a joint venture between Geely and the Belarus government, started making cars last year.In a pilot ...
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ArticleRussian exports rise but subsidies in doubt
Russia exported vehicles and parts worth $3.38 billion last year, an 11% increase compared with 2017, according to new research from the Russian analytical agency Auto News.Information from Russia’s Industry and Trade Ministry indicates that the majority of export sales remain within the Commonwealth of Independent States (CIS), and only ...
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ArticleNissan plans to expand output in Russia
Nissan plans to increase production at its plant in St Petersburg, Russia, this year and build on last year’s record-breaking sales, Nissan Manufacturing Rus general director, Igor Boitsov, has revealed.Given low forecast sales on the domestic Russian market, however, this may depend on increasing exports to adjacent markets, he admitted.Nissan ...
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ArticleUzavtosanoat to rename GM Uzbekistan and raise output
Uzbekistan state-owned corporation Uzavtosanoat has confirmed it plans to rename GM Uzbekistan following the withdrawal of the US carmaker from the joint venture. It has not yet indicated what its new name will be.At a press conference in Tashkent on February 6, Aziz Shukurov, deputy chairman of the board of ...
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ArticleMercedes van assembly frozen at Gaz Group plant
A parts shortage believed to stem from US sanctions has forced Daimler to temporarily halt assembly of Mercedes-Benz Sprinter vans at the Gaz plant in Nizhniy Novgorod, Russia.Citing several sources, Russian news outlet Kommersant suggested the parts shortage could be the result of US sanctions against companies owned or controlled ...
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ArticleRenault plans home delivery for online sales in Russia
Renault has announced plans to start a home delivery service in Russia for vehicles sold via its online showroom.The French carmaker told Russian newspaper Vedomosti that the start of the home delivery service would coincide with the release of the Renault Arkana (pictured) in May this year. It will make ...
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ArticleHanging in the balance
Lower production output, slower growth in export markets and several regulatory and operational issues are threatening to unbalance Poland’s finished vehicle market