The agreement between Bogdan and JAC results from a special import duty on new cars with 1.0L to 2.2L gasoline engines that was introduced by the Ukrainian government in mid-April and is intended to protect domestic auto makers....More
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....More
While growth is seen slowing in Russia and other major emerging markets such as China, it is buoyant compared with the 5-year slump in Western Europe sales, or the decade of decline Japan suffered....More
The JV called Alliance Rostec Auto, which is registered in the Netherlands, will serve as a stable, long-term operator of AvtoVAZ, maker of the Lada brand. Renault plans to hold a controlling 50.1% stake by mid-2014....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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