Category: Russia

By on August 13, 2015

opelrussia-autoworld.com_General Motors dealers in Russia are unhappy at the compensation the automaker is offering as it pulls out of the country, Wards Auto is reporting.

Russian dealers want more than it cost to start their dealerships, the report details. Negotiations stalled on how much GM would discount service contracts for thousands of GM cars currently on the road, and how much GM would offer dealers who need to change their businesses after GM leaves the country. The latest round of negotiations stalled in July.

GM sold more than 247,000 Chevrolet, Daewoo, Opel and Cadillac cars in Russia in 2014, which was down more than 24 percent from the prior year. This week, Cadillac CEO Johan de Nysschen said the luxury automaker would focus on sales in Russia — and also China and the Middle East — even after GM announced it would be leaving that country.

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By on August 12, 2015

004-2016-cadillac-ct6-1

Cadillac likely won’t push to sell more cars in Europe before 2020, the company’s CEO Johan de Nysschen told analysts on Tuesday.

“We’ll go to that market when we have the right powertrains and the right cars,” he said Tuesday, according to the Detroit News.

Previously, Cadillac had planned some right-hand drive models and diesel powertrains to help it gain a foothold in European markets. According to the report, Cadillac has sold only 838 cars in Europe so far this year. Cadillac wants to sell 500,000 cars globally by 2020, de Nysschen said.

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By on July 28, 2015

Volkswagen Wolfsburg

Despite slowdowns in China, Russia and Asia, Volkswagen surpassed Toyota in global auto sales by delivery in the first half of 2015, Automotive News Europe is reporting.

Volkswagen sold 5.04 million cars in the first six months of 2015, compared to 5.02 million for Toyota, according to the report. Sales were down 1.5 percent and 0.5 percent for Toyota and VW respectively.

GM was the third-largest automaker with 4.86 million vehicles.

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By on July 18, 2015

Opel Bochum - Picture courtesy wa.de

Recent sales growth in the EU hasn’t been kind to Opel as the group is forced to reduce hours at two German plants.

According to Automotive News, Opel will cut production of the Adam and Corsa at Eisenach and Insignia and Zafira Tourer at Ruesselsheim. The move is due to Opel’s exit from the Russian market and what the automaker calls “moderate” gains in the rest of Europe.

However, within the EU, overall sales for all automakers are up 8.2 percent in the first six month of this year and 14.6 percent in June, according to ACEA.

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By on July 8, 2015

tesladeal

Wealthy Russians are clamoring for Teslas that aren’t even available in their country, Bloomberg News is reporting.

Buyers are paying up to double for the electric vehicles, the story reports, which include freight and import fees of more than $60,000 for the cars.

“It doesn’t pollute nature and it’s super cheap and easy to use,” Herman Gref told Bloomberg News in an e-mail.

Super cheap is relative term — even in Russian we hope.

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By on May 14, 2015

2016 Rio  SX

As Russia continues to struggle with its economic health, Hyundai Group is doing its part to keep the nation’s auto sales afloat.

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By on May 6, 2015

A BMW In Moscow Circa January 2014

The ongoing economic crisis suffered by Russia has given pause to a decision by BMW to build an assembly plant in the ailing nation.

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By on February 4, 2015

Carlos Ghosn and Renault Kadjar

Renault-Nissan CEO Carlos Ghosn warned Monday that Russia’s auto market will lose a third of itself under the nation’s recession.

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By on February 3, 2015

gm-avtovaz-500000th-chevrolet-niva

Amid a weakening, unstable ruble, General Motors will suspend production at its St. Petersburg, Russia plant from mid-March through mid-May 2015.

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By on January 8, 2015

2014-Lada-Granta-672x410

Since the first Ladas left the assembly line in the 1970s, the automaker has always held the top spot on the sales podium, month after month, year after year. Until November 2014, that is.

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