Last January, we reported that Mazda wants to go to Siberia, and this seems where they are headed. Mazda said in a statement today that it has agreed to a joint venture with Russian carmaker Sollers. It will produce Mazda cars in Vladivostok for the promising Russian market. Read More >
Category: Russia
If GM needed another reason to let Saab die on the vine, it just arrived: Vladimir Antonov, the Russian banking scion, longtime partner with Victor Muller in Spyker, and erstwhile Saab rescuer is wanted in connection with what the UK Press Association [via Google] calls
a pre-trial investigation into an alleged fraud and money laundering case that is threatening to destroy two Baltic banks.
Bertel noted earlier that Snoras, one of Antonov’s banks, had been forced to halt operations, but the issuing of a Europe-wide arrest warrant for Antonov is an even bigger black mark on the Russian financier. And it adds to an already-impressive family resume: Antonov’s father Alexander was shot seven times in a 2009 assassination attempt that has been connected to a Chechen blood feud, and the family has been accused of ties to organized crime by the FBI and Swedish authorities.
Better late than never: Honda is following a long line of other manufacturers to Russia, and will be assembling cars there. This according to a report in The Nikkei [sub]. It is said that Honda has submitted a plan to Russia’s Economy Ministry for the production of 30,000-50,000 cars per year.
The Russian government had been strong-arming the industry for a while. Either set up assembly sites in Russia and enjoy favorable treatment for the parts to come in. Or stay out and face grim import duties that exclude even the average oligarch from your target group. Read More >
What’s next for the whale penis leather upholsterers at Russia’s gauchest tuning house, Dartz? How about a wrapping a Ferrari F430 in leather-grain vinyl? Sophisticated! [via GTspirit]
Now that it has been first leaked then confirmed that the European Investment Bank EIB will not let Russian financier Vladimir Antonov get close to Saab, Antonov says he had known that all along.
Antonov’s spokesman Lars Carlstrom told Reuters that his boss “has known for a few weeks that the EIB would not let him invest in the iconic Swedish car firm,” Reuters reports. That revelation should come as another blow to Saab’s crumbling bastion of enthusiasm, Saabsunited, which had reported just yesterday that “Antonov is trying to save the situation.”
With the troops left dazed and demoralized, the generals practice the ancient art of finger pointing. Read More >
Surf over to www.lada.ru, and click on “Автомобили” (automobiles), and you’ll find four model lines: Priora, Kalina, Samara and the classic, Putin-favored 4×4. Not pictured in the lineup, but still present in a sidebar on the site, is a link for one more model: the 2107. The first 2107 (then called the 2101), was built in April, 1970, developed off the internals of the Fiat 124, which itself was already four years old. And ever since 1970, the 2101 “Classic” has been rolling off an assembly line in Tolyatti, providing over 16.8 million sets of cheap wheels (MSRP: about $7,500)… and the model accounts for two-thirds of all Ladas ever built. But, reports Automotive News Europe [sub]’s Luca Ciferri:
The Classic was scheduled to die at the end of 2009 when sales began fading, but the Russian government scrappage program introduced in March 2010 gave it a new lease of life. Helped by the incentive, Classic sales last year doubled to 136,006, making it Russia best-selling car by far. In the first half of this year, sales grew 35 percent to 69,500.
But the scrapping program ended in May, heralding the end for the Classic.
The Lada Classic will be replaced by the Lada Granta, which was launched inauspiciously, when, in a scene straight from “Borat,” the car refused to start for President Vladimir Putin. But perhaps, if the Granta is built for another 40 years, car writers will be looking back fondly at it someday.
Good morning! Two years after GM reneged on the Opel sale to Magna and Sperbank, the Times of London has the big scoop. GM cancelled the sale of Opel because the buyers wanted the right to sell its factories to a Russian state-owned car maker, says the Times, citing U.S. diplomatic cables revealed in Wikileaks. Really? You don’t say! We are shocked! Read More >
Yesterday, The Nikkei was all worked up about a takeover of Russia’s largest automaker AvtoVaz by the Renault-Nissan Alliance. The Nikkei became so excited that it forgot simple logic. More on that here. The Nikkei had it on not so good authority that Nissan would soon buy 25 percent of the Russians, and together with Renault’s 25 percent and change, Japan and France would finally achieve what had been tried before: Rule Russia. We had our doubts.
Do you hear the big hissing sound? That’s the lukewarm air coming out of the story. Read More >
Rumors of Renault and Nissan taking over Russia’s AvtoVaz have been around for a while. We have a new one! The Nikkei [sub] picked up indications that Nissan and Renault will take a majority in AvtoVaz, Russia’s largest automaker. Except that The Nikkei doesn’t report it as a rumor. The headline “Nissan-Renault To Take Control Of Russia’s AvtoVaz” sounds quite definite. Sadly, it is not true. Read More >
As you know, the Russian government offered foreign automakers a deal: Invest heavily into the Russian auto industry, and Mother Russia will let you import parts and components at negligible or zero duty rates. Present your plans no later than July 1. Here is Volkswagen’s answer: Read More >
The Russian government offered foreign automakers a deal which would be very costly to refuse: Invest heavily into the Russian auto industry, and Mother Russia will let you import parts and components at negligible or zero duty rates. Present your plans no later than July 1. Miss the deadline, and you may as well kiss the Russian auto market good-bye. Ti ponemaesh? Read More >
Saabsunited, once a gathering place for brand necrophiliacs and people with an-ignition-key-near-the-gearstick fetish, has morphed into a Vladmir Antonov fanzine. The banner on top of the site used to show the roof of the Saab plant in Trollhättan. Now it shows the roof of the Saab plant in Trollhättan with an “Approve Antonov” flag photoshopped-in.
There is a big blue square at the left of the homepage of Saabsunited that says “Support Vladimir Antonov” (according to Wikipedia, he is $ 300 million worth, how much more support does he need?) Clicking on the square leads you to a letter writing campaign that urges you in 9 languages to voice your displeasure with the Swedish government. You also are to DEMAND from the Swedish Prime Minister that he approves Antonov as a Saab shareholder. I’m sure a wave of Saab-spam will change the Prime Minister’s mind.
It is a mere coincidence that Saabsunited acronyms itself to ”SU,” an abbreviation previously reserved for the Soviet Union.
Recently, the tone on “SU” became shrill. Read More >
Supposedly, the idea of the Saab / Pangda deal was to skirt requirements to obtain Chinese government approval. As we have explained on the day the MoU (as Muller sees it) or contract (as Pangda sees it) was signed, it would be most silly to try to get around the Chinese government. They have a whole array of measures to demonstrate their displeasure if they don’t like a deal.
If ChinaCarTimes is correctly informed, the paperwork was barely dry and the Chinese government already made its annoyance felt. According to a CCT report, the Chinese government issued a warning to Pangda. The story is written in Chinglish, but this is what it seems to be saying: Read More >
Governments around the globe have spent hard-earned tax payer’s money on cash for clunkers fleet modernization programs. The aim: get old cars off the roads, create demand for new ones.
As this video shows, Russia has devised an ingenious new program: Do it yourself fleet modernization. Leave it to the initiative of the citizen. No tax payer’s money spent, and it’s usually two cars or more per case.
Russian President Vladimir Putin has spent much time and many rubles trying to turn around his nation’s struggling automakers, particularly AvtoVAZ, the makers of the infamous Lada brand. Putin is, after all, a deep believer in the national importance of automaking… which is why he drives a Lada himself. But Putin is also shrewd enough to know that automotive patriotism can have some nasty side effects, which is why his Lada has had its engine discretely swapped for an Opel mill. But apparently Putin hasn’t learned to completely insulate himself from the embarrassment that the Russian auto industry appears to manufacture with at least as much efficiency as it manufactures cars. At the launch of something called the Lada Granta, Putin’s struggles to even start the car were caught on video and posted at Jalopnik. The Moscow Times makes no reference to the humiliating episode, but mentions that Putin hinted darkly to the assembled journalists that the Granta’s trunk could fit “easily take two sacks of potatoes.” If you know what he means… and trust me, anyone who’s been to Tolyatti before does.

















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