Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

GM Sets Russia Strategy

General Motors approved its strategy for Russia, which includes investments of more than $1 billion over the next several years, said GM Russia and CIS general manager Jim Bovenzi.

The company will reach output in the next few years of up to 350,000 cars, most of which will come from its existing factory in St. Petersburg. That factory has seen $300 million in investment so far.

GM currently has ventures with AvtoVAZ, where it makes the Chevrolet Niva, and GAZ, where it will make the Aveo model. The company said no new joint ventures are planned.

Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.