Since the first Ladas left the assembly line in the 1970s, the automaker has always held the top spot on the sales podium, month after month, year after year. Until November 2014, that is.
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Category: Russia
With the Russian ruble experiencing a near collapse in value, multiple OEMs have decided to suspend sales of its vehicles in Russia.
Home to many a ‘Ring time, as well as one 24-hour FIA GT3 throwdown with as many competitors and fans as it can fit, the Nurburgring has found a new owner in Russian billionaire Viktor Kharitonin.
Everyone knows it by its export name, Lada, but its real name was VAZ and that is how it was commonly known in Soviet Union. Like all other Soviet automakers, VAZ is an acronym and it stands for Volzhsky Avtomobilny Zavod, or Volga Automobile Plant. This is not to be confused with Volga cars which were made by GAZ, Gorkovsky Avtomobilny Zavod or Gorky Automobile Plant, some 600 kilometers southeast.
Despite problems with the Russian market, as well as restructuring costs, General Motors says Vauxhall and Opel are on their way out of the red and into the black.
A few days ago, we reported the Russian government was considering bringing back its cash for clunkers program to help spur domestic auto sales in the face of Western sanctions. The government as since decided to go forward with the scheme.
Nissan’s emerging-market brand Datsun unveiled its newest addition to its burgeoning lineup at the 2014 Automechanika Moscow show: The mi-DO.
The recent round of trade embargos might have hurt Russia’s new vehicle market, but there’s no question that they’ve gotten the better deal when it comes to a small Chevrolet crossover.
In an effort to combat plunging auto sales, the Russian government is deliberating on a decision to bring back its cash for clunkers program, last seen sending Ladas, Volgas and GAZs to the crusher back in 2010.
Automotive exports from European and American manufacturers may suffer sanctions by Russia in retaliation for more sanctions imposed upon by the European Union and the United States.
Though PSA Peugeot Citroen secured funding in a three-way deal between itself, the French government and Dongfeng, new boss and former Renault COO Carlos Tavares has a hard road ahead of him as he rebuilds the ailing automaker.
Two plants in Ford’s joint venture with Russian manufacturer OAO Sollers will experience job cuts as a result of a weakening ruble and decreasing demand by customers in the local market.
Following its global grand opening in India, Nissan’s low-cost Datsun brand will open its doors to the Russian market April 4 in Moscow.
The Russian government said that it will spend up to 271 billion rubles ($8US billion) over the next three years to subsidize the country’s struggling auto industry. A government web site said that the subsidies will underwrite research & development, jobs and costs related to more stringent emissions standards. Car sales in Russia in 2013 fell by 6% to 2.78 million units and 2014 looks like another weak year as the Russian economy stutters, according to the Association of European Businesses. Read More >
Three years ago, Ford unveiled the third-generation Focus to the excitement of American enthusiasts who thought the second-generation model lacked “zazz,” to say the least. Come 2015, the Focus will have a new face, and that’s only the beginning.
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