30 Mar 2009, 17:05 UTC · By: Bogdan Popa / Russia's Prime Minister Vladimir Putin confirmed today that AvtoVAZ will receive more than 20 billion rubles (about $587.4 million) in state funds to get through the economic crisis and pay its...
17 Mar 2009, 14:57 UTC · By: Bogdan Popa / Toyota today announced that it will temporary suspend operations at its Russian production facility between March 30 and April 6, citing the over-discussed economic recession and the falling demand ...
11 Mar 2009, 15:35 UTC · By: Bogdan Popa / The economic recession continues and the negative results continue to occur all over the world, including Russia, one of the largest new car markets for most automakers. The crisis deepened in Febru...
16 Feb 2009, 14:00 UTC · By: Madalina Iancu / The incident that recently happened at some Russian winter car racing competition seems as if depicted from the Group B Rally championships of the '80s, when in the Portuguese Rally, Joaquim Sa...
10 Feb 2009, 14:44 UTC · By: Bogdan Popa / Even if Mitsubishi confirmed it plans to delay production at the newly-built plant in Russia, the PSA group said is still aims to start manufacturing cars at the Kaluga factory in the first half of ...
28 Jan 2009, 14:03 UTC · By: Bogdan Popa / With the global economic recession knocking on everybody's door, automakers around the world struggle to minimize loses and hope for a better future. Unfortunately, 2009 will be more difficult ...
28 Jan 2009, 13:54 UTC · By: Madalina Iancu / Although the Japanese automaker has severely cut down production in the last month of 2008 by more than 80 percent in some regions, sales figures don't look encouraging at all. Just like oth...
15 Jan 2009, 14:32 UTC · By: Bogdan Popa / Russian automaker Sollers today said it is interested in acquiring SsangYong production rights to manufacture sport utility vehicles for the domestic market. SsangYong filled for bankruptcy protecti...
14 Jan 2009, 15:33 UTC · By: Bogdan Popa / The Hungarian division of Suzuki, also known as Magyar Suzuki, restarted production yesterday after a five day temporary shut down forced by the gas restrictions imposed by local authorities. The pr...