Industry

By the results of 2016 Nissan exported 3153 Nissan cars of Russian production - more by 19.7% than the year before. 

Alstom, as a part of FAST consortium, hands over to Arriyadh Development Authority (ADA) the first of the 69 metro trainsets for Riyadh that will circulate on the lines 4, 5 and 6.

General Motors Co. (NYSE:GM) and PSA Group (Paris:UG) today announced an agreement under which GM’s Opel/Vauxhall subsidiary and GM Financial’s European operations will join the PSA Group in a transaction valuing these activities at €1.3 Bn and €0.9 Bn, respectively.

Analytic agency "AUTOSTAT" conducted a study of the market of new cars in the North Caucasus Federal District in January of 2017 and it was made a rating of the most popular models.

Russian dealers of Hyundai started sales of Solaris sedan of the new generation. According to Wroom.ru site, the first cars have already been transferred to customers.

GM-AVTOVAZ from March 1st, 2017 has raised retail prices for cars Chevrolet Niva of all configurations for 1990 rubles.

Rigmarine has highlighted synergies between inland and offshore industries as the lifting and marine product specialist looks to meet increasing demand from the mining and power industries via its Aktau, Kazakhstan facility.

Market News alert Ultra Electronics Holdings PLC

"Daimler KAMAZ Rus" company sold 2118 Mercedes-Benz trucks in Russia in 2016, which is more by 40% than a year ago. Turnover by spare parts Mercedes-Benz increased by 25%, informed the press service of "KAMAZ Daimler Rus". Sales of Fuso Truck grew by 26% to 708 units.

The company Mitsubishi Motors has declassified appearance of a new compact SUV before the official premiere at the 87th International Motor Show in Geneva.

The Chinese company FAW began the production of a new crossover at the facilities of the plant "Autotor" in Kaliningrad.

Analytic agency "AUTOSTAT" conducted a study of the Russian market of new cars in January of 2017 and it made a rating of the best-selling models in the Far Eastern Federal District.

According to a joint survey, conducted by the analytic agency "AUTOSTAT", and the National Bureau of Credit Histories (NBCH), by the results of the second half of 2016 the share of the initial payment was 51.1% from the average cost of sold car on credit.

In 2017 the company "Inchcape" plans to open the specialized showrooms to sell used cars in Russia. The managing director of "Inchcape Russia", Igor Salita, said about it in an exclusive interview with the analytic agency "AUTOSTAT".