- Story
KamAZ, Ford announce resumption of auto production
12:33 08/06/2009
Russian truck maker KamAZ and U.S. auto giant Ford announced on Monday the resumption of auto production in Russia after each halted operations due to weak demand for vehicles.
Russia's Sberbank to finance 35% of $705 mln deal to buy Opel
18:31 04/06/2009
Russia's largest bank Sberbank will contribute 35% to the 500 million euro ($705 million) deal to purchase struggling German automaker Opel, Sberbank CEO German Gref said on Thursday.
Putin instructs government to extend $806 mln loan to AvtoVAZ
11:26 04/06/2009
Russia's prime minister has instructed the government to provide a 25 billion ruble ($806 million) loan to support the ailing car giant AvtoVAZ, the government's website said on Thursday.
Nissan St. Petersburg plant to produce affordable cars
19:17 02/06/2009
Japan's Nissan Motor Company announced it plans to produce affordable cars at an opening ceremony, attended by Russian Prime Minister Vladimir Putin, of a $200 million plant in St. Petersburg
Putin attends opening ceremony of Nissan St. Petersburg plant
15:02 02/06/2009
Japan's Nissan Motor Company opened on Tuesday a car plant in St. Petersburg at a ceremony attended by Russian Prime Minister Vladimir Putin.
Russia gets a slice of GM's Opel operations in Europe
13:15 30/05/2009
Germany and Magna International, backed by Russia's Sberbank and GAZ, reached a deal early Saturday that will see the consortium take over car maker Opel, part of U.S. car giant GM.
AvtoVAZ share issue no option after state aid - Renault
13:13 17/04/2009An additional share issue is not being discussed as a measure to help AvtoVAZ amid the ongoing economic crisis after the Russian carmaker received $776 million in state aid, a Renault executive said on Friday.

Russian-produced Ford Mondeo cars go on sale
11:47 01/04/2009The first Ford Mondeo cars to be produced at a Ford car plant near Russia's second largest city of St. Petersburg have gone on sale in Russia, the company said in a statement on Wednesday.

Russia's Ford plant begins production of Mondeo
16:15 06/03/2009
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