The two auto makers invested a combined $29 million in tooling up to build the small Chevrolet in Russia. About 700 people will be employed on two shifts on the Aveo line at the Nizhny Novgorod plant....More
The former GM purchasing boss has spent three years turning GAZ upside down, winning new contracts, renovating plants, demanding better productivity and taking the company both out of and back into passenger-car assembly....More
The most significant vehicle premiering in Moscow may be the new-generation Mazda6. The unveiling coincides with the launch of the auto maker’s Russian assembly joint venture and may reflect sedans’ popularity in the country....More
Russian demand for upscale cars has been stable; sales of premium brands in the country not only declined less than other market segments during the 2008-2009 global recession but also recovered more quickly....More
Overcapacity has been inaccurately blamed for compelling auto makers to pull up stakes in well-established regions and set up shop in emerging markets, says Opel Supervisory Board Chairman Carl-Peter Forster....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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