Cars
Nissan to Begin Production of X-Trail and Teana Sedan in Russia
Prime Minister Vladimir Putin and Nissan president Carlos Ghosn took part in the opening ceremony of the Japanese automaker's first plant in Russia on Tuesday. Located at St. Petersburg, Nissan's new US$200 million assembly plant has a production capacity of 50,000 vehicles a year. The facility, which is scheduled to employ 750 workers at start of production with one shift, will build the Teana mid-size sedan and the X-TRAIL compact off-roader.
"This is Nissan's breakthrough in Russia," said Ghosn. "The opening of our plant in Saint Petersburg in the current conditions underlines our confidence in the high potential of the Russian economy. With the start of production at our new plant Nissan become an integral part of the local community."
Even though the financial crisis has taken its toll on the Russian car market as sales plunged more than 40% in the first four months of the year compared to 2008 when Russia briefly overtook Germany as Europe's largest car market, many analyst believe that Russia will be a key growth market for automakers when a recovery starts.
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Ford Starts Ecosport Production In Russia, Will Add Fiesta In 2015
Ford Sollers, the joint venture of Ford and JSC Sollers in Russia, has begun production at its plant in the Republic of Tatarstan. The plant, which is Ford Sollers’ second assembly plant in Tatarstan and the third in Russia, will have an annual...
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Toyota Begins Production Of New Generation 2012 Camry In Russia
While the Camry never managed to win European buyers, a little further to the east and in particular Russia and the surrounding countries, Toyota's mid-size sedan has successfully broken into the market. Toyota hopes to further increase its share...
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Hyundai Begins Producing Cars At Its New Russian Plant
Hyundai is continuing its ambitious plan to further increase global sales with the start of production at its first factory in Russia located at Saint Petersburg. The company’s sixth newest overseas assembly plant will make the Solaris, a subcompact...
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250,000th Russian Built Ford Focus Rolls Off Production Line
Ford’s 250,000th Russian-built Focus rolled off the production line this week at the company’s plant in Vsevolozhsk, near St. Petersburg. The commemorative model was a silver 1.8 litre Focus Ghia Wagon that will be delivered to a customer...
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Volkswagen Group Starts Vehicle Assembly In Russia
Volkswagen, Europe’s largest carmaker, inaugurated its new Russian plant yesterday (Nov. 28, 2007). The first models to leave the assembly line were the Volkswagen Passat and Skoda Octavia. The new plant which is located in Kaluga, 160 kilometers...
Cars