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Articles with tag "Automobiles"

road restrictions

Finland Follows Baltics, Bans Entry to Russian Vehicles

“We estimate the new rules will significantly reduce traffic on the border between Finland and Russia,” Finnish Foreign Minister Elina Valtonen said...
baltic roadblock

Estonia Bans Entry to Russian Vehicles

The decision followed European Commission clarifications on sanctions compliance that drew accusations of “racism” from Russian officials.
2 Min read
auto audit

Russian Government Bucks Putin's Call to Forgo Foreign Cars – Agentstvo

Russian government bodies, agencies and state-affiliated companies purchased 151 foreign-made cars worth 566 million rubles ($5.9 million) in August.
2 Min read
back to the ussr

Russian Lawmakers to Trade Foreign Cars for Domestic Brands, State Duma Speaker Says

Lawmakers will apparently be swapping in their BMWs and Mercedes for Moskvitch, Lada and Aurus models.
2 Min read
exiting the market

Volkswagen to Sell Russian Assets to Local Company

Like other major car companies, Volkswagen halted its operations in Russia last year after Moscow's invasion of Ukraine.
2 Min read
road rage

Russia Blames Sanctions, Closed Borders for Rise in Traffic Accidents

Western sanctions have shifted traffic flows toward ill-equipped infrastructure in the country’s east.
1 Min read
white, black or green

Russia’s Top Automaker Hit By Car Paint Shortage

Russia’s top carmaker is facing a car paint shortage, limiting color options for car-buyers to white, black and dark green, Vedomosti business newspaper...
'no path' forward

Mazda Pulls Out of Russia Joint Venture Over Ukraine War

Japanese carmaker Mazda said Thursday it is pulling out of its joint venture in Russia because of the war in Ukraine, having ceased operations in the country...
'nominal value'

Ford to Exit Russia With Joint Venture Sale

U.S. automaker Ford Motor announced Wednesday it has finalized a full exit from Russia with the sale of its minority stake in a Moscow region-based joint...
latest departure

Mercedes-Benz to Sell Off Russian Assets to Local Investor

German carmaker Mercedes-Benz is expected to sell its Russian assets to a local investor, the Russian Industry and Trade Ministry said Wednesday, becoming...
nationalized factory

Nissan to Exit Russian Market, Sell Assets to Moscow

Japanese automaker Nissan will sell its Russian assets – including a factory in St. Petersburg – to the Russian government, the Industry and...
little competition

Russia’s AvtoVaz Tops Moscow Car Sales in Decade-First

Overall car sales reached 5,078 in the Russian capital last month, down 74% compared to the same month last year.
Full Speed Ahead

Russia Approaches Chinese Firms to Revive Soviet-Era Moskvitch Cars – Reports

Moscow’s mayor announced plans to bring back the model after nationalizing the city's Renault-owned car plant.
change of hands

Russia to Nationalize Renault Plant, Revive Soviet-Era Moskvitch Car After Handover

Renault had had the most exposure to the Russian market among Western carmakers before it pulled out over the invasion of Ukraine.
Sanctions Hit

Russian Car Factory Gives Farmland to Furloughed Workers

The plant has seen has production drop threefold after BMW and General Motors left the Russian market.
Sunken cost

Car Sales Sink in Sanctions-Hit Russia

Severe Western sanctions have included a ban on spare parts export to Russia.
cloudy outlook

Hit By Sanctions, Lada Factory Town Braces for Tough Times

"For Tolyatti, the factory is everything. The whole city was built around it."
GREEN revolution

Former Russian Government Official Denis Sverdlov Scores $10Bln With Electric Vehicle Startup

The tech entrepreneur and former deputy minister hopes his electric truck-maker Arrival can become the McDonald’s of the green transport revolution.
E-Vans

Ford To Become First Mass Producer of Electric Vehicles in Russia – Kommersant

Joint venture with Sollers will produce electric Ford Transit vans from 2022.
BUMPY ROAD

Russian Car Industry 'Survived' 2020 Despite Pandemic

Russia saw new car sales decrease by 9.1% in 2020.
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