Business Watch
Displaying items by tag: automotive
Wednesday, 01 September 2010 11:04
Putin says will raise import duty on foreign cars to promote assembly in Russia
Inspired by driving the latest Lada Kalina sports model through the Siberian tundra last week Russia's Prime Minister Vladimir Putin told news channel Vesti 24 that Russia will gradually increase import duties on foreign carmakers from the existing 30% to encourage them to open manufacturing plants in Russia.
Published in
Automotive
Thursday, 19 August 2010 11:27
Kamaz forecasts
Russian truck maker Kamaz has said it expects the domestic truck market to grow by 16.6 percent next year excluding a state sponsored scrappage scheme to incentivise buyers. "We expect that the total market will be about 60,000 units in 2010," marketing director Ashot Arutyunyan told journalists on Thursday. "In 2011 we expect the market will be about 70,000 units excluding scrappage."
Published in
Automotive
Sunday, 15 August 2010 15:32
Cash for Clunkers programme extended
The past seven months have seen a 60-percent increase in car production in Russia – a sign that the sector shows stable signs of growing , Industry and Trade Minister Viktor Khristenko has said.
Published in
Automotive

