Russia may tighten retaliatory sanctions against Western nations to include a ban on imports of cars, if the European Union and the U.S. impose additional sanctions on Moscow, the Vedomosti daily newspaper reported.
Tag Archives: Russia
New Opel Group responsible for all GM’s EU business including Russia
Effective 1 July 2014, the newly-established Opel Group assumed full responsibility for General Motors’ business in Europe. Through this new entity, the company aggregates the responsibilities for Opel/Vauxhall as well as all other operations of GM in Europe—including Russia.
Russia bans state purchase of foreign-made cars to aid local automakers
Prime Minister Dmitry Medvedev has ordered a ban on Russian state and municipal purchases of foreign-manufactured cars and machinery to support local producers.
Russia’s Car Market Is Collapsing
Sales of new passenger cars and light commercial vehicles (LCVs) in Russia fell 12% year-over-year in May, and year-to-date sales are down 6%. And it is projected to get worse.
Ford will cut output, jobs in Russia as ruble and car demand weaken
Ford ‘s Russian joint venture is cutting production and about 950 jobs at two factories in response to the falling ruble and deteriorating demand in the country.
