Eugene Gerden

Eugene
Gerden
Correspondent,
WardsAuto

Eugene Gerden writes about the Russian auto industry from his base in St. Petersburg.

Articles
GM Russia Plant in Third Unscheduled Shutdown of Year 
While all global automakers are seeing the Russian market contract, GM deliveries are falling at a faster rate.
Russia Weighing Ban on Car Imports From U.S., EU, Japan 1
An expanded ban on car imports likely would have the greatest effect on global automakers without production capacity in Russia, including Mercedez-Benz, Honda, Suzuki and Volvo.
Global Automakers May Abandon Russian Production
One analysis suggests limited capacity, possible loss of government support, devaluation of the ruble and other factors may prompt global automakers to halt assembly operations in Russia and instead focus on imports.
Russian About-Face Would Offer Automakers Incentives 
The Russian Parliament, facing the prospect of additional economic sanctions, is considering amending federal laws to provide tax relief and other benefits to foreign automakers.
Daimler May Build Mercedes Cars in Russia 
Industry analysts say Daimler is in dire need of a local production base, given the government’s recent decision to ban the purchase by state bodies and agencies of any cars produced outside the Customs Union of Russia, Belarus and Kazakhstan.
Russia Spurns Automakers’ Bid for Additional Aid 
While disappointed by the government’s rejection, the automakers say they have no plans to reduce their investment programs in Russia.
Fiat Chrysler Deal to Build Jeeps in Russia Falters 
The automaker had negotiated a rescue plan with the Russian government to assemble Jeeps at the TagAZ facility, but that deal has expired and may be canceled.
Chevrolet Leaving Europe But Getting Boost in Russia
The automaker’s confidence in Russia’s economic prospects is reflected in its decision to raise Chevrolet’s marketing and manufacturing footprint in a market where Opel already is well-established.
Russia Giving Ailing Auto Industry $3.3 Billion Infusion 
A government official says the significant hike in state aid is related to the continuing decline of the Russian market, adding there are no plans to provide direct financial support to automakers because of World Trade Organization restrictions.
U.S. to Join EU’s WTO Complaint Against Russia’s Protectionist Import-Car Levy 
Russia, which imposed the fee nine days after joining the WTO last August, argues it offsets the future cost of recycling cars and therefore is not a tax.
Daimler May Up Kamaz Stake to Secure Foothold in Russian Market 
Daimler’s interest in Kamaz is understandable. The Russian truck maker has increased its share of the Russian commercial-vehicle market to 40%, up from 34% in 2012.
Russia, Other CIS Countries Levy Anti-Dumping Duties
Russia, Belarus and Kazakhstan say the new tariff is meant to protect local auto makers against losses associated with significant increases of imports from the EU and in particular Germany, Italy and Turkey, in recent years.
AvtoVAZ Struggling to Put Brakes on Sales Slump 
The auto maker is considering strengthening ties to its partners Renault and Nissan. But those companies are in no rush to grow the relationship, developing their own projects in Russia instead.
Fiat/Chrysler May Be Step Closer to Jeep Output in Russia
The auto maker, which had been planning a greenfield assembly plant, now is eyeing production of 60,000 vehicles at a TagAZ plant in Taganrog.
SUVs Rapidly Becoming Vehicle of Choice in Russia 
Analysts say the SUV market is the country’s largest, with annual sales expected to jump an estimated 30%-35% in coming years and even higher in the premium segment.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×