Daimler is examining whether to build Mercedes-Benz cars in Russia as it seeks to expand its global production base and overtake German rivals BMW and Audi to become the world’s top-selling premium automaker.
Tag Archives: Russia
Russia to limit state procurement of imported cars
Russia plans to restrict state procurement of imported cars in a move aimed at helping domestic carmakers to weather a slump in demand.
Russia’s Industry Minister Denis Manturov said today that a draft resolution on restricting the purchase of imported cars by state institutions and regional governments has been submitted to the government, Russia’s Interfax news agency reported.
Ford watching Russia for slow growth after sanctions
Ford which has three auto factories in Russia, is monitoring the sanctions against that nation for its involvement in Ukraine and hasn’t yet seen an impact on its business, the automaker’s No. 2 executive said.
Russia’s red-hot car market stalls
A year of disappointing auto sales in Russia has dealers and carmakers worried that a once-red hot market that was set to become Europe’s largest may have slipped out of gear.
9th consecutive monthly new-car sales drop in Russia
Russian car sales fell for a ninth straight month in November, down 4 percent to 231,982, the Moscow-based Association of European Businesses said today in a statement. In October, sales in the market fell 8 percent.
