Latest news of automotive industry.
State Budget of Ukraine in January-October was carried out with a deficit of 53.9 billion USD. It was stated by Deputy Finance Minister Denis Fudashkin, reported UNIAN. The government expects not to exceed agreed with the International Monetary Fund beyond the budget deficit, he add... Read more
Ministry of Finance predicts drop in GDP of Ukraine in 2015 at 4.5% with an inflation rate of 13.4%. It was stated by Deputy Finance Minister Denis Fudashkin, reported UNIAN. According to him, the government is discussing with the International Monetary Fund two scenarios for the state bu... Read more
In late November, Prime Minister Dmitry Medvedev will hold a meeting in Naberezhnye Chelny on the development of car industry. The agenda is prepared by Minpromtorgom, but the Ministry has already discussed beforehand with the automakers last Thursday. Automakers interested in three topics... Read more
The Spanish company Seat stops selling cars in Russia from January 1, 2015. The main reasons for such a decision is the decline in demand for cheap cars and a sharp devaluation of the ruble. According to the publication of "Kommersant", citing its own sources in the "Volkswagen Group Rus", the comp... Read more
If the panic on the currency market in Ukraine is over, the hryvnia may return to the level of 13 USD / $ 1, said Finance Minister Oleksandr Shlapak. "If the panic is over, we will return to the rate of not more than 13 UAH per dollar," - said Shlapak in the program "Persha Shpalta" on the First Na... Read more