Tag: Russia Auto News

Autocomponent Group has stoped part deliveries to AVTOVAZ

🔊 Take heed to this   RusAutoNewsCom.- The availability of parts to Avtovaz vegetation in Togliatti and Izhevsk was interrupted as a result of inconsistency in new costs for components, as advised by the director of the press service of Autocomponent Group. The provider of Avtovaz has defined the rationale behind the interruption in part deliveries, as reported by RNS. “There are ongoing negotiations between the our plant and Avtovaz on the coordination of a brand new degree of costs for part provides, since October 2018. The present value ranges don’t cowl the prices of the manufacturing of the parts and their supply to the conveyor of the producer” – as acknowledged by the press service. The Autocomponent Group has harassed that the present circumstances didn’t happen unexpectedly. The state of affairs is the results of protracted negotiations, that are nonetheless incomplete. Beforehand, Avtovaz had introduced suspension of manufacturing in....





Nice Wall Motors admits dropping $47 million in industrial dispute in Russia

🔊 Hearken to this   globaltimes.cn.- Nice Wall Motors – GWM, certainly one of China’s high carmakers, has admitted an enormous loss in a industrial dispute in Russia, however it claimed that this was an remoted incident that gained’t have any affect on the corporate’s plans and operations in that nation. Responding to latest reviews that GWM was defrauded of $58.four million by a Russian distributor, the corporate issued a clarification on Tuesday, saying that it had recorded 323 million yuan ($46.9 million) of dangerous money owed in 2017 arising from a industrial dispute with Russian automobile dealership. The quantity was equal to zero.33% of GWM’s complete income in 2018 and 6.32% of its revenue that yr. The industrial dispute won’t affect GWM’s operations in Russia, and Nice Wall Motors will absolutely defend its authorized rights and pursuits. GWM believes Russia’s judicial authorities will give honest remedy to the case,....



Russian automotive market has declined by Three% in June 2019

🔊 Take heed to this   RusAutoNewsCom. – As introduced by the AEB Vehicle Producers Committee, Russian automotive market has decreased by Three.Three%, or by 5,171 items year-on-year in June 2019, and amounted to 151,180 autos. Throughout the first half of this yr 828,750 vehicles had been offered in complete, 20,471 items or 2.Four% much less then final yr’s determine. Joerg Schreiber, Chairman of the committee commented: “Six months into 2019, we discover the market 2.Four% down year-on-year, with a second quarter that proved tougher than the primary. Market expectations for the second half of the yr are usually not basically higher. It’s clear that market development within the full yr of 2019 will not be a sensible situation anymore. Even with a sure development enchancment within the second half, it will seem that the very best final result the market can hope for is to equalize final yr’s gross....





KAMAZ has launched the manufacturing of aluminium gasoline tanks

🔊 Hearken to this   RusAutoNewsCom.- As reported the corporate press workplace, KAMAZ has began the manufacturing of aluminium gasoline tanks with volumes from 200 to 800 litres. The annual manufacturing capability of the brand new facility shall be 35,000 tanks. Within the meantime, the common line permits the manufacturing of each aluminium and metal tanks. “This 12 months, we’ll launch the manufacturing of a brand new technology of KAMAZ automobiles, which shall be vital for the corporate. In addition to the financial side, it can be crucial that our personal line of aluminum gasoline tanks will permit us to watch the standard of tanks in real-time as a vital part of KAMAZ automobiles, in addition to bettering their design in response to rising shopper demand. As well as, that is one other step by the corporate to implement the technique of import substitution, which is carried out in cooperation....



KAMAZ has made a income of 186 billion rubles in 2018

🔊 Take heed to this   RusAutoNewsCom.- The income of Kamaz has reached roughly 186.2 billion rubles in 2018, following a 19% year-on-year development, as introduced by the corporate press workplace. The web revenue has amounted to 1.6 billion rubles, then again. A complete variety of 38,382 vans have been manufactured and bought in 2018, together with 8858 automobiles from the brand new mannequin vary, which signifies a 62% improve compared with 2017. 5698 vans have been exported within the meantime, which is equal to a 13% year-on-year rise. Kamaz had 41% share of the Russian heavy vans market in the course of the aforementioned interval. Kamaz automobiles, part meeting kits and spare elements have been exported to greater than 50 international locations in CIS, Southeast Asia, Center-East, Africa, Europe and Latin America. The primary export locations of 2018 had been Central Asia and Kazakhstan. A complete funding of greater....





Sollers will buy $75 million value of shares within the JV with Ford

🔊 Hearken to this   RNS.- Russian automotive producer Sollers will purchase a share of 51% within the JV with Ford for $75 million in response to the assertion of the corporate on the company disclosure server. “Agreeing to conclude a serious transaction – an settlement to amass 51% of Ford Sollers Netherlands BV for $75 million from Ford Russia Holdings BV” – as acknowledged within the message after the assembly of the Board of Administrators. As well as, Sollers will lend a credit score of $30 million to the JV for working actions, in response to the assertion. Ford Sollers Holding and its subsidiary FS Elabuga would be the debtors. On 27 March, the corporate has introduced discontinuation of automotive manufacturing in Russia as of July 2019, in addition to the gross sales of the automotive crops in Naberezhnye Chelny and Vsevolozhsk and the engine manufacturing unit in Elabuga.....



Ukraine has banned automobile imports from Russia

🔊 Take heed to this   Kolesa.- Ukraine has banned automobile imports from Russia. The Ukrainian Cupboard of Ministers has made adjustments to the checklist of prohibited import items into the customs territory of the nation from the Russian Federation. Russian transport automobiles are actually topic to Ukrainian embargo, together with vehicles, buses, vehicles, bikes, tractors and particular automobiles like lorries, firefighters and sweepers, concrete mixers, and many others. “The choice has been taken as a measure towards the discriminatory and unfriendly actions in the direction of Ukraine by an aggressor state, in addition to taking into consideration the appeals from associations, unions and enterprises from quite a lot of industries” – as said by the Ukrainian Cupboard of Ministers. As one could keep in mind, aside from the native automobile manufacturers of Russia: Lada, GAZ and UAZ, different manufacturers manufactured in Russian factories have been on the Ukrainian market....





The federal government will allocate 10 billion rubles on the preferential automotive mortgage programme

🔊 Hearken to this TASS.- The federal government has taken the choice to allocate 10 billion rubles on the continuation of the programmes on preferential buy and leasing of automobiles, that are assembled in Russia. The related report has been made by TASS, quoting the doc signed by the Russian Prime Minister Dmitry Medvedev at a gathering with the Minister of Trade and Commerce Denis Manturov. 6 out of 10 billion rubles can be allotted on preferential loans on the acquisition of automobiles throughout the scope of Household Automotive and First Automotive programmes and the remaining quantity can be used on the help of preferential vehicle leasing for small and medium-size companies. 7 billion rubles are deliberate to be generated by way of the change within the funds regulation on the finish of the 12 months and the remaining three billion can be obtained from the reserve fund. 10.four billion....



The US Treasury has prolonged the deadline for the completion of share transactions with GAZ Group

🔊 Hearken to this   RNS.- The US Treasury has re-extended the deadline for the completion of the share transactions with GAZ Group till eight November 2019. The related assertion has been made by the US Treasury Workplace of Overseas Property Management – OFAC. As well as, the interval throughout which the US traders should withdraw from the corporate’s securities has additionally been prolonged till eight November 2019. The US Treasury has imposed sanctions towards 24 people and 14 authorized entities from Russia on 6 April 2018. Significantly, Oleg Deripaska and the businesses belonging to him: En+ Group, GAZ Group, Primary Factor and UC Rusal have been included within the sanctions listing. The US Treasury Division has notified the US Congress of its intention to take away the restrictive measures imposed on the businesses belonging to the Russian businessman Oleg Deripaska: En+ Group, UC Rusal and Eurosibenergo, in December 2018.....





St. Petersburg automotive trade has shrunk by 9% in Could

🔊 Hearken to this   RusAutoNewsCom.- In accordance with Auto-Vendor-SPb information, the share of St Petersburg automotive trade in Russian automobile manufacturing has amounted to 24.5% throughout the January – Could interval of 2019. Hyundai, Nissan and Toyota factories have manufactured 158,300 vehicles in the course of the aforementioned interval, which is equal to a four% year-on-year rise. Automotive manufacturing amounted to 29.000 models in Could 2019, indicating a 9% lower compared with the identical interval of the earlier yr. 7 fashions manufactured within the metropolis are amongst the top-25 hottest vehicles in Russia, based on AEB: KIA Rio is the best-selling international automobile mannequin in Russia, Hyundai Creta ist the preferred SUV in Russia, Hyundai Solaris, Toyota Camry, Toyota RAV4, Nissan Qashqai and Nissan X-Path are amongst the top-25. 9 fashions have been manufactured by St Petersburg automotive trade throughout the first three months of 2019: Nissan Qashqai, Nissan....



Yandex has began testing driverless vehicles on the roads of Moscow

🔊 Take heed to this   TASS.- Yandex has launched the primary 5 driverless vehicles to the general public roads in Moscow. Fourth autonomy stage vehicles have taken half within the experiment. The related assertion has been made by TASS, via the corporate press workplace. “Solely 5 cars have appeared on Moscow roads as but. Tens of extra autos are at present ready for permission. The experiment is being carried out with a authorities decree all through Moscow. Alternative of a selected route is determined by the duties on assessments” – as said by Yandex. Yandex plans to place greater than 100 driverless vehicles on the roads of Moscow and different check areas by the top of the yr, the corporate added. Autos within the fourth autonomy stage take part within the experiment carried out by Yandex, as reported by TASS. That is thought-about to be a excessive stage of....





Authorities has authorized Particular Funding Contract purposes of 5 OEMs

🔊 Take heed to this   Kommersant.- The Interdepartmental Fee on Particular Funding Contract (SPIC) has authorized the purposes of Volkswagen, PSA, GM-AvtoVAZ, Volvo Vans and Avtotor. The producers should signal the SPIC by July 1, to be able to get entry to industrial subsidies (de facto compensation of utility charges), on which the profitability of manufacturing within the Russian Federation rely. The initiatives supported by the Fee correspond with the objectives of the event methods of the automotive business for the interval as much as 2025, as acknowledged by the Ministry of Business and Commerce and the implementation of the initiatives will make sure the attraction of greater than 74.5 billion rubles non-public funding in the true sector and roughly 1.three trillion price range revenues within the type of varied tax deductions and charges. There have been disagreements on all authorized purposes, other than GM-AvtoVAZ (the undertaking was not....



Authorities has authorised Particular Funding Contract purposes of 5 OEMs

🔊 Take heed to this   Kommersant.- The Interdepartmental Fee on Particular Funding Contract (SPIC) has authorised the purposes of Volkswagen, PSA, GM-AvtoVAZ, Volvo Vehicles and Avtotor. The producers must signal the SPIC by July 1, with a view to get entry to industrial subsidies (de facto compensation of utility charges), on which the profitability of manufacturing within the Russian Federation rely. The tasks supported by the Fee correspond with the targets of the event methods of the automotive business for the interval as much as 2025, as acknowledged by the Ministry of Business and Commerce and the implementation of the tasks will make sure the attraction of greater than 74.5 billion rubles personal funding in the true sector and roughly 1.three trillion funds revenues within the type of numerous tax deductions and charges. There have been disagreements on all authorised purposes, other than GM-AvtoVAZ (the challenge was not recognized....





KAMAZ plans to launch the mass meeting of vans at its manufacturing facility in Vietnam

🔊 Take heed to this   TASS.- KAMAZ plans to launch the mass meeting of vans at its plant in Vietnam in 2020, as instructed by the Normal Director of the Firm Sergei Kogogin to journalists on the sidelines of the St. Petersburg Worldwide Financial Discussion board. “Vietnam is a vital marketplace for us. We’ve a manufacturing facility there, appropriate for manufacturing at this stage. We’ll prepare this yr for the launch of meeting in 2020. Beforehand, these form of operations weren’t economically very possible, nonetheless, because the regulatory framework has modified and the duties on meeting kits turned out to be greater than on completed automobiles, we’ve switched to the provision of full automobiles” – Kogogin stated. “Energy buildings are starting to improve the fleet, on the situation of native meeting. They insist on native manufacturing. We’re prepared for these circumstances and at present engaged on the funding mission,....



The federal government will stimulate the event of the fuel gas market

🔊 Take heed to this   Autostat.- The Russian authorities has issued a decree, which is able to improve the manufacturing of automobiles utilizing pure fuel gas (CNG) as an engine gas, in addition to stimulating the event of refueling infrastructure. The doc proposes the manufacturing of at the very least 2500 fuel automobiles, making an allowance for a federal funding within the quantity of two.5 billion rubles, as reported by the press workplace of Russian Ministry of Business and Commerce. As said, the transfer will allow the replace of the municipal car fleet by way of environmentally friendliness and can give extra impetus to the event of using pure fuel as an engine gas. As one could bear in mind, the Ministry of Business and Commerce has been implementing a programme on the help of the procurement of fuel gas automobiles, by means of which the gross sales of....





Mazda Sollers will begin SkyActiv-G engine deliveries to Japan

🔊 Hearken to this   RusAutoNewsCom.- Mazda Sollers will launch the serial manufacturing of Mazda SkyActiv-G engines in Vladivostok and begin the cargo of manufacturing to Japan, supplying Mazda Motor Company, as introduced by Sollers press workplace. The funding challenge in Mazda engine manufacturing shall be carried out at Tor Nadezhdinskaya, the challenge capability of which is 50,000 engines per yr. The power is specialised within the manufacturing of the Euro-5 customary, Four-cylinder Mazda SkyActiv-G petrol engines. Analysis and improvement on tools and check manufacturing was carried out by Russian and Japanese engineers within the facility throughout the previous couple of months, as a preparation for serial manufacturing. An in depth high quality management course of has been carried out on the engines by a specialist workforce from Mazda Sollers and engineers from Mazda Motor Company. The pilot batches of engines have been topic to specialised checks in Japan, along....



Peugeot-Citroen plans to localise engine and gearbox manufacturing in Russia

🔊 Hearken to this   Finmarket.- The French automotive producer Peugeot-Citroen PSA intends to localise the manufacturing of engines and gearboxes in Russia, inside the framework of the deliberate SPIC, as advised by the Govt Chairman of PSA Group: Yanik Bezar throughout an interview with Vedomosti. Bezar has not disclosed the quantity of funding inside the scope of the SPIC, however, including that the appliance continues to be pending. “Nonetheless, the essence is as follows: We plan to develop the mannequin vary of the cars manufactured in Kaluga. We’ve already talked about Opel. We additionally plan to launch the manufacturing of the four×four model of Peugeot Knowledgeable, Peugeot Traveller, Citroen Jumpy and Citroen SpaceTourer, with a view to meet the circumstances of Russia. An funding in a brand new platform in Kaluga can be inside our plans. Engine manufacturing shall be localised and we’re not speaking about meeting solely. Mechanical....





Nice Wall Motor will manufacture engines in Russia

🔊 Hearken to this   RusAutoNewsCom.- A letter of intent has been signed between the Russian Ministry of Business and Commerce Denis Manturov, the Governor of Tula Area Alexei Dyumin and the Chairman of the Board of Nice Wall Motor Wei Jianjun on the 23rd St Petersburg Financial Discussion board. Nice Wall Motor Firm will tackle the second part of the funding venture with the development of a automotive plant in Uzlovaya Industrial Park in Tula area. A second stamping line and an engine manufacturing plant will probably be constructed throughout the scope of the venture. The corporate plans to make an funding of 27 billion rubles and enhance the annual manufacturing capability of the manufacturing unit to 150,000 automobiles, throughout the framework of the venture. As much as 1500 new jobs will probably be created. “Yesterday we attended the ceremony of the distant launch of manufacturing of the car....



KAMAZ and Weichai Energy have signed an engine manufacturing settlement

🔊 Hearken to this   RusAutoNewsCom.- A trilateral settlement amongst Kamaz, Chinese language company Weichai Energy and the federal government of Yaroslavl area has been signed at St Petersburg Worldwide Financial Discussion board, as introduced by Kamaz press workplace. The doc has been signed by the Common Director of Kamaz Sergei Kogogin, the Chairman of Weichai Energy Tang Xuguang and the Governor of Yaroslavl Area Dmitry Mironov. The settlement proposes the localisation of the manufacturing of commercial diesel and fuel engines with capacities of 520 to 2000 kW based mostly on the three way partnership of Kamaz and the Weichai Energy, which is being created on the premises of the Tutaev Engine Manufacturing facility. The doc has been signed as a part of the implementation of the import substitution program in engine-building business and is geared toward creating the territory of the factory-based city, in addition to diversifying the sectors....





Russian bus market has declined by 5% in Might 2019

🔊 Hearken to this   Autostat.- Russian bus market (excluding LCVs) has amounted to 1092 automobiles in Might 2019, following a 5% year-on-year fall. PAZ has turn out to be the chief of the market, with 56% share of the overall quantity. 615 PAZ buses have been bought, indicating a 18% year-on-year rise. LiAZ and NefAZ each occupy the second spot with 114 models. LiAZ gross sales has fallen 22% and NefAZ gross sales has grown three% year-on-year in Might. Volgabus (76 models, +33%) and chinese language Yutong (49, -31%) are the remaining manufacturers of the top-five. Russian new bus market has amounted to 5146 models by the top of the primary 5 months of 2019, following a three% year-on-year fall.



Rostec might promote eight% of its shares in Avtovaz to Renault

🔊 Take heed to this   RusAutoNewsCom.- In keeping with Sergey Chemezov, the pinnacle of the state company Rostec, the corporate intends to promote eight% of its shares in “Alliance Rostec Auto BV” to the three way partnership associate Renault, and cut back its shares from 33% to 25%. The funds acquired from the gross sales, greater than 10 billion roubles (roughly $155 million), can be invested within the growth of Avtovaz, stated Chemezov. He added that Renault will make investments about thrice greater than Rostec. As reported beforehand, Alliance Rostec Auto BV, which is a three way partnership of Renault and Rostec registered within the Netherlands, has change into the only shareholder of Avtovaz as of 31 December 2018.





Russian truck market has fallen by 18% in Might 2019

🔊 Take heed to this RusAutoNewsCom. – Russian truck market has declined 17.eight% in Might 2019 compared with the identical interval of the earlier yr. Based on Autostat 5,023 new vans have been bought in Russia in Might. Kamaz has stored the management of the market, with 30% share in whole. The gross sales determine of the model is equal to 1,492 models, which signifies a 22.2% year-on-year fall. The chief is adopted by GAZ with 540 autos and 14.four% year-on-year fall. The highest-three is accomplished by Volvo with 441 models and 18.eight% year-on-year fall. Kamaz 65115 was the best-selling mannequin in Might 2019 with 418 models and 17.7% year-on-year rise. Volvo FH was the best-selling overseas mannequin in Might with 306 models bought. Russian truck market: High 10 best-selling truck manufacturers in Russia in Might 2019 (>three.5t): High 10 best-selling truck fashions in Russia in Might 2019 (>three.5t):



Russian LCV market has declined 21% in Might 2019

🔊 Take heed to this RusAutoNewsCom.- The Russian LCV market has amounted to 7,551 models in Might 2019, indicating a 20.6% year-on-year lower, as reported by Autostat. The standard chief of the market GAZ has stored its place, with 46% market share in whole in Might 2019. GAZ has offered three,466 autos, which signifies a 16.5% year-on-year fall. UAZ occupies the second place, reaching a gross sales determine of 1,231 models. The highest-three is accomplished by Lada with 1732 models. Ford and Volkswagen got here fourth and fifth respectively. Gazelle Subsequent was once more the best-selling mannequin in Might 2019 adopted by GAZ 3302 and Ford Transit. Russian LCV market: High 10 best-selling LCV manufacturers in Might 2019 in Russia : High 10 best-selling LCV fashions in Might 2019 in Russia : *) Figures embody: LCVs < 3t, mild responsibility vans < 6t, passenger transporters < 19 seats





Car manufacturing in Russia has elevated by four% inside the first 4 months of 2019

🔊 Take heed to this   RusAutoNewsCom.- Car manufacturing in Russia has been elevated inside the first 4 months of 2019. In line with ASM Holding information, 618.1 thousand transport automobiles (vans, vehicles, buses) have been manufactured inside the January-April interval of 2019, which is equal to a 9.1% year-on-year rise. Passenger vehicles manufacturing has elevated by four% year-on-year in the course of the aforementioned interval, with 530.four thousand models. The output of international model vehicles in Russia went up 1.eight% to 382.7 thousand automobiles. LCV manufacturing has additionally grown in the identical interval, by 1.four% to 33.eight thousand models. Truck output, together with mild vans, has fallen by 2.9% by the top of the January-April interval of 2019, amounting to 43.eight thousand models. The output of international model vans in Russia went down by four.6% to eight.1 thousand models. Bus manufacturing, together with microbuses, has decreased by 10.four% in....



Russian automotive market has declined by 7% in Could 2019

🔊 Hearken to this   RusAutoNewsCom. – As introduced by the AEB Vehicle Producers Committee, Russian automotive market has decreased by 6.7%, or by 9,901 models year-on-year in Could 2019, and amounted to 137,624 automobiles. Inside the first 5 months of this yr: 692,870 vehicles have been bought in whole (-2.2%). Joerg Schreiber, Chairman of the committee commented: “No excellent news from the automotive market in Could, as a substitute a virtually 7% drop in gross sales quantity: probably the most noticeable year-on-year loss in over 2 years. After all, it could possibly be stated that the extraordinary heat climate this yr will not be serving to retail gross sales, as many individuals spend extra time than common away from the large cities and their buying malls. The principle motive of the present pattern nevertheless stays a weaker retail demand, pushed by macroeconomic elements similar to rising family prices within....





The Ministry of Business and Commerce has accepted the Particular Funding Contracts of Sollers and Toyota

🔊 Take heed to this   Autostat.- The Interdepartmental Fee of the Russian Ministry of Business and Commerce on Particular Funding Contracts (SPIC) has taken a call to assist the tasks of Sollers and Toyota on June four. The phrases of each accepted SPICs are scheduled till the top of 2028, as acknowledged by the press workplace of the ministry. As famous, the approval of the tasks is not going to solely allow a secure long-term progress in automobile manufacturing, but in addition present further orders for automobile part producers. Sollers plans to implement the venture on the event of the manufacturing of the brand new mannequin strains of UAZ and Ford Transit in Ulyanovsk area and Tatarstan, on the premise of Ulyanovsk Vehicle Plant and Ford Sollers Elabuga. The investor will organise the cooperation of UAZ, UAZ Automobile Elements, Ford Sollers Elabuga and RosALit Foundry within the venture. The....



Ford Sollers has ended automobile manufacturing in Naberezhnye Chelny

🔊 Hearken to this   TASS.- Ford Sollers has ended automobile manufacturing in Naberezhnye Chelny plant, the place it manufactured Fiesta and Ecosport fashions. Engine manufacturing has additionally been discontinued in Elabuga, as reported by the corporate press workplace. It’s assumed that the corporate could have discontinued automobile manufacturing in Russia by the tip of June. “Manufacturing facility closure is a a number of stage course of. Car checks and their cargo will begin following the tip of manufacturing, as a preparation for full closure” – as reported. As acknowledged beforehand, Ford Sollers has introduced its intention to discontinue automobile manufacturing in Russia by the tip of June 2019, on March 27. The automobile vegetation in Vsevolozhsk in Leningrad area and Naberezhnye Chelny can be closed, alongside the engine manufacturing facility in Elabuga, Tatarstan. An up to date three way partnership can be created on the premise of the earlier....





New trailer gross sales have risen by 5% throughout the first 4 months of 2019

🔊 Hearken to this   NAPI.- In keeping with Russian Automotive Market Analysis knowledge, the Russian new trailer and semi-trailer market have grown by 5.1% year-on-year throughout the January-April 2019 interval, reaching 9230 items. Schmitz has turn out to be the chief of the brand new trailers marketplace for the aforementioned interval, with a gross sales determine of 1,160 items, which signifies a 9.four% improve compared with the identical interval of the earlier yr. The market share of the model has reached 12.6%. Tonar has additionally elevated gross sales by 56.9% to 910 autos by the tip of the primary quarter of the yr. The gross sales of Krone, which is likely one of the top-three manufacturers, have shrunk by 1.7%, however. Other than Krone, one other 4 top-ten manufacturers have skilled shrinkage in new trailer gross sales: Nefaz, Koegel, Wielton and Sespel.



Russian Haval automobile manufacturing facility will begin serial manufacturing

🔊 Take heed to this   Autostat.- The new Haval automobile manufacturing facility will open at Uzlovaya Industrial Park in Tula on 5 July 2019. The brand new Haval F7 crossover will develop into the primary Russian manufacturing mannequin and the potential bestseller of the model. The total body H9 SUV can even roll off the conveyors of the ability in future, alongside the brand new Haval F7x coupe-crossover. As one could bear in mind, the development of the plant began on an space of two.16 million m2 (216 hectares) in Autumn 2015. The overall quantity of funding within the challenge is roughly $500 million, as said by the press workplace of Havel Motor Rus. The annual manufacturing capability of the ability might be 80,000 cars on the first stage. The utmost capability of 150,000 autos per 12 months is deliberate to be reached on the following stage. The power....





the Silk Highway for bus and coach

Press launch: Busworld – Central Asia 2019 / 25-27 June 2019 in Almaty www.busworldcentralasia.org Promising mixture of worldwide and native bus & coach producers at Busworld in Kazakhstan. The primary version of Busworld Central Asia will probably be held in Almaty, Kazakhstan, from 25 to 27 June 2019 within the Atakent Worldwide Exhibition Middle. Almaty is the biggest metropolis on this huge nation. Kazakhstan is the hub of different neighbouring “stan” international locations corresponding to Uzbekistan and Turkmenistan and the hyperlink between China and Europe by way of the ‘Silk Highway’ connection. Kazakhstan was previously a part of the Union of Soviet Socialist Republics (USSR) and its public transport techniques had been intently modelled on these of Russia. The nation relied closely on Russia for buses and that continued for a number of years after the dissolution of the Soviet Union in 1991. Kazakhstan is a large nation and has....