Avtovaz, the maker of the Lada, is thinking of switching to a four-day workweek amid poor sales. It accused foreign car firms of "price dumping," and projected earlier that 2025 sales would fall 25%.
Feb 12 (Reuters) - Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often circumvent Western and Asian government sanctions and automakers' ...
MOSCOW (Reuters) - Old-fashioned barter is on the rise in Russia's foreign trade for the first time since the 1990s, as companies seeking to outfox Western sanctions swap wheat for Chinese cars and ...
Add Yahoo as a preferred source to see more of our stories on Google. The German automaker BMW on Dec. 22 announced that it had uncovered irregularites in car exports from its Hanover branch to Russia ...
China is selling plenty of cars in Russia — and Moscow isn't entirely happy about it. Chinese automakers sold more than one million vehicles to Russia last year, a sevenfold increase from the previous ...
When Russia launched its assault on Ukraine in early 2022, governments around the globe responded with an unprecedented wave of sanctions. Among these measures was a ban preventing automakers, ...
Chinese carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen and Mercedes, five people familiar with the ...
Chinese carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen Group and Mercedes-Benz, five people familiar ...
Add Yahoo as a preferred source to see more of our stories on Google. A sign points to a police station. Police in the northern German city of Hamburg say 15 officers, including some who have since ...
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