German group Volkswagen AG, Europe's largest carmaker, will invest 85.6 billion euros in the creation of new models, technologies and construction of plants in the years 2015-2019, to come out on top among the world's automakers. Average investment will amount 17,1 billion euros compared with 16.8... Read more

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