Fiat and Sollers Announce JV in Russia
Planned production capacity of the new JV will be 500,000 vehicles per year by 2016. Nine new models in the C and D segments and SUVs will be marketed on the Russian market. Fiat said up to six will be...
View ArticleDaimler to Increase Stake in Russian Maker Kamaz
Daimler AG and Russia’s largest investment bank, Troika Dialog, have signed a memorandum of understanding to increase Daimler’s stake in Russia’s largest truck manufacturer, Kamskiy avtomobilny...
View ArticleRubles for Clunkers
What was once among the world’s fastest-growing car markets has struggled to avert disaster in recent months. Now, Russian authorities hope to turn things around by borrowing an idea that’s worked in a...
View ArticleFord Lands Big Deal in Russia – at Fiat’s Expense
A big setback for Fiat and Chrysler as Ford lands a major joint venture that could make it one of the dominant players in the resurgent Russian auto market. More from TheDetroitBureau.com.
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