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Renault–Nissan Alliance and Russian Technologies Create Joint Venture to Acquire a Majority Stake in AvtoVAZ

05/03/2012 - 14:54
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Renault–Nissan Alliance and Russian Technologies Create Joint Venture to Acquire a Majority Stake in AvtoVAZ

The Renault-Nissan Alliance and state corporation Russian Technologies have signed a MoU to create a joint venture and give the Renault-Nissan Alliance an indirect majority stake in AvtoVAZ

Mazda Signs Agreement with Sollers to Establish Joint Manufacturing Company in Russia

04/27/2012 - 13:28
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Mazda Signs Agreement with Sollers to Establish Joint Manufacturing Company in Russia

Mazda Motor Corporation has announced that it signed an agreement with OJSC Sollers today to establish a joint venture manufacturing company in Russia

Johnson Controls Acquires Majority Position in Joint Venture TPV Johnson Controls in Slovenia

04/24/2012 - 14:45
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Johnson Controls Acquires Majority Position in Joint Venture TPV Johnson Controls in Slovenia

Johnson Controls, a global leader in automotive interiors and electronics, announced it is acquiring a 24.9 percent share in its Novo Mesto, Slovenia joint venture called TPV Johnson Controls

Toyota Russia to Add Second Shift at St. Petersburg Plant

04/20/2012 - 10:23
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Toyota Russia to Add Second Shift at St. Petersburg Plant

Number of TMMR Employees to Expand to Approximately 1,750 by end-2012

Hella Acquires 50 Percent Interest in Remanufacturing Company MD Rebuilt Parts

04/18/2012 - 15:42
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Hella Acquires 50 Percent Interest in Remanufacturing Company MD Rebuilt Parts

German automotive supplier Hella has acquired a 50 percent share in MD Rebuilt Parts GmbH with locations in Germany and Hungary

Johnson Controls Begins Producing Car Seats at New Facility in Hungary

04/16/2012 - 12:47
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Johnson Controls Begins Producing Car Seats at New Facility in Hungary

Johnson Controls manufactures complete seat systems for the new Mercedes-Benz B-Class in Kecskemét, Hungary

Fiat Automobili Srbija Plant in Kragujevac Officially Inaugurated

04/16/2012 - 12:12
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Fiat Automobili Srbija Plant in Kragujevac Officially Inaugurated

Mirko Cvetkovic, Prime Minister of the Republic of Serbia, together with Sergio Marchionne, CEO of Fiat SpA, today inaugurated the new Fiat car production facility in Kragujevac

Peugeot 408 Pilot Production Starts in Russia

04/16/2012 - 11:34
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Peugeot 408 Pilot Production Starts in Russia

Today the first pre-series 408, designed especially for the Russian market, rolled-off the Peugeot Russia production line in Kaluga

Ford Sollers First Quarter 2012 Sales Up 30 Per Cent

04/12/2012 - 15:32
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Ford Sollers First Quarter 2012 Sales Up 30 Per Cent

Led by strong demand for locally built Focus and Mondeo models, sales of Ford Sollers in Russia surged by 30 per cent in the first quarter this year.

IFC €20 Million Loan to Help Revive Serbia’s Car Industry, Boost Economy

04/12/2012 - 14:45
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IFC €20 Million Loan to Help Revive Serbia’s Car Industry, Boost Economy

IFC, a member of the World Bank Group, is providing a €20 million loan to PMC Automotive Serbia, a new metal-stamping factory near Kragujevac, to strengthen Serbia’s car industry