Russia's car industry, which went through "clinical death" after the exit of Western car manufacturers and then saw partial ...
Russia's top carmaker Avtovaz will stick to a four-day work week until the end of 2025 to clear excess inventory, Russian news agencies reported on Tuesday, citing CEO Maxim Sokolov.
(Reuters) -Russia's largest carmaker Avtovaz said on Tuesday it may cut its working week to four days from five in September, a rare move from a major state-owned employer, as high interest rates and ...
The Russian automotive industry is going through a critical phase, characterized by significant sales declines and persistent financial challenges.
Prices for cars have also risen significantly in Russia - a fact which remains the main "deterrent" to a sales rebound, ...
AvtoVAZ, the country’s largest automaker, has shifted to a four-day workweek amid weak demand caused by expensive car loans ...
(Reuters) - Should French carmaker Renault wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion roubles ($1.3 billion) to cover investments ...
The decline will be by 300-400 thousand automobiles against expected results of 2024, Maxim Sokolov said MOSCOW, November 19. /TASS/. Sales of new cars and light commercial vehicles in Russia may fell ...
The company has the required capacities, staff and other resources for that, Avtovaz President Maksim Sokolov said MOSCOW, December 4. /TASS/. Avtovaz confirms its readiness to meet the production ...
AVTOVAZ recalls 8,209 thousand Lada XRAY cars produced between October 8, 2021 and April 29, 2022. This was announced by Rosstandart. The temporary release of vehicles not equipped with a device or ...
MOSCOW, May 5 (Reuters) - Russia's largest car maker, AvtoVAZ , in which Renault is acquiring a 25 percent stake, saw sales grow 30 percent year-on-year in April 2008 to 67,000 cars, the company said ...
Following the successful shipment of a batch of tractors from production lines in Russia, automakers UAZ and AvtoVAZ are ...