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Want to Return to Russia? Pay Up $1.3Bln, AvtoVAZ CEO Tells Renault

“The entry price will not exactly equal the exit price of 1 ruble,” AvtoVAZ CEO Maxim Sokolov said after the French automaker suggested a possible...

Police in St. Petersburg Crack Down on Noisy Cars

Drivers who fail “to reset” their vehicles to “factory settings” risk losing their driving privileges.

Former Hyundai Plant in St. Petersburg Reopens Under New Russian Owner

Around 800 workers are currently employed at the production facility, the company's press service said.

Putin Seizes Exiled Billionaire’s Car Dealership

It appears to be the first confiscation of a Russian-owned business since Putin invaded Ukraine and started seizing the assets of exiting Western companies...

Russian Lawmakers to Lose Free Gas Privileges for Driving Foreign Cars – Izvestia

Putin ordered officials in August to support sanctions-hit domestic carmakers by giving up foreign-made vehicles.

Hyundai Sells St. Petersburg Auto Plant

The South Korean automaker reportedly agreed to sell its Russia-based operations to local buyers for a token 7,000 rubles.

New Russian Owners ‘Squeezing Out’ Workers at Former Volkswagen Plant – Trade Union

Around 1,300 of the 3,700 remaining workers at VW's former plant in the Kaluga region have quit since new owners took over, the MPRA trade union said.

Russia's Luxury Car Imports Surge During Ukraine War

Cars with a sticker price of 10 million rubles ($98,500) or more increased by 22% in 2022.

Japan Cuts Off $2Bln Used-Car Exports to Russia – Reuters

Estimates suggest that Japanese used-car sales were on track to top $1.9 billion in 2023 before Tokyo suspended the Russian backchannel.

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...

Estonia Bans Entry to Russian Vehicles

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

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.

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.

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.

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.

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...

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...

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...

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...

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...

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