Tag: Russia

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.

(Read More…)

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 11, 2015

Landwind X9 Rally Trucklet

China may be a hotbed for automakers to bring in their latest and greatest, but exports of its automotive wares aren’t as hot these days.

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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 March 18, 2015

fid-28389

GM is set to significantly reduce operations in Russia, as the once promising auto market suffers under the weight of economic uncertainty and a difficult regulatory regime.

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By on February 17, 2015

bmw migalka

Sometimes I wish I was the President of the United States. Sure, I might have to be extremely vigilant about what I say in public (“I’m more of a Chevy guy than a Ford guy”), have to give up a good portion of my privacy (Really? You want to see how terrible I am at golf?), cannot drive a car (Great, now I need to learn how to use a trickle charger), and deal with a group of people hell-bent on obstructing my policy. (So you think my plan for requiring a minimum internet speed 100 Mbps is horrendous? Horrendous HOW?)

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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 October 27, 2014

opel-corsa-2015-18

Despite problems with the Russian market, as well as restructuring costs, General Motors says Vauxhall and Opel are on their way out of the red and into the black.

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By on October 15, 2014

Datsun mi-Do 01

Last year, Renault-Nissan resurrected Datsun, positioning the brand for emerging markets — like India, Russia and Indonesia — with a portfolio of models that would attract new, young consumers whose wallets were a bit thin.

It’s not quite working out thus far.

(Read More…)

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