“The long-awaited flattening of year-on-year sales trend has yet to happen,” an industry spokesman says. “We hope December will show progress in this direction, and deliver a decent close to an otherwise difficult year.”...More
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....More
Improving purchasing procedures and the quality of parts sourced from Russian-owned suppliers, as well as increasing parts localization, are among the main tasks of the alliance’s partnership with AvtoVAZ....More
Industry official Joerg Schreiber says there are indications the rate of decline peaked in the second quarter, and “a gradual improvement to the point of stabilization in the coming months” can be expected....More
Sales of two new-era Datsun models launch in 2014 in India, Indonesia and Russia, followed later in the year by South Africa. The brand targets an “optimistic” middle class in those emerging markets....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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