Latest news of automotive industry.
Country's need for additional financing will consider the Fund's mission after the parliamentary elections on October 26. The IMF believes that the salvation of the Ukrainian economy will need more money. This was stated in Washington, DC (United States) by Paul Thomsen, Acting Director of th... Read more
Ukrainian-Russian trade conflicts can lead to the first dispute between two countries that would consider the World Trade Organization (WTO). Thus it can be initiated not by Ukraine that has problems due to restrictions on the import of food products to Russia. Director of Department o... Read more
Production of cars in Russia in the first 9 months of 2014 decreased by 6.2% compared to the same period last year - up to 1.3 million units, according to the Federal State Statistics Service. In January-September, the country produced 113,000 trucks, which is 21.5% lower than a year earlier. Produc... Read more
Chinese automaker Lifan plans to build in Lipetsk region full-cycle plant, giving it about 300 million dollars. The company will be located at the site of a special economic zone "Lipetsk". Corresponding agreement between Lifan Industry and Government of Lipetsk region has already been signed. ... Read more
The primary car market of Ukraine in September, according to the association Ukravtoprom has registered sales of 12,200 vehicles of all types. Of this amount 5830 cars or 48% are used. This is 42% less compared to September 2013 and 20% less than in August that year. Market for used c... Read more