Post Tagged with: "Russian auto"

Read By

Volkswagen Group builds engine plant in Russia

Volkswagen Group builds engine plant in Russia

Volkswagen will build an engine plant in Russia, with the German carmaker to invest about 250 million euros in the new facility. Dr. Martin Winterkorn, CEO of Volkswagen AG, and Anatoly Artamonov, Governor of the Kaluga province, have signed contracts today in Moscow regarding the construction of an engine plant […]

Russian auto production up 16%

Russian auto production up 16%

ASM Holding, an Russian consulting firm, reports that Russian auto production increased by 16% in the first nine months of the year to 1.39 million units, including a 20.5% jump in auto production to 1.1 million vehicles. Moreover, foreign-owned car output increased by 42% to a total of 455.300 units, […]