Latest news of automotive industry.
Russia may send a complaint to the WTO, the European Union, Ministry of Economic Development is seriously studying the issue, said Deputy Minister Alexei Likhachev agency "Prime": in particular proceedings may relate to energy issues. Read more
In September car market fell by almost reduced by half as already reported AUTO-Consulting. Key market participants shared their thoughts with the readers of AUTO-Tsonsulting regarding the causes of this decline, potentially massive price increases, and those cars that have not risen since Sept... Read more
Next year Russian government plans to set off more than 99 billion rubles to support the automotive industry.This record amount of subsidies for Russian car industry laid in the federal budget for 2014. The most impressive budget items — are jobs maintenance (50.4... Read more
According to ASM-Holding, in August 2013 the automotive market of Russia continued to accelerate its decline which lasted 6 month in a row and was caused by the slowdown of the economic development of the country. The total sales volume of all types of vehicles in the period from January till August... Read more