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600 million rubles state support for the manufacturers of gas-fuel LCVs
The Ministry of Industry and Commerce has proposed the allocation of subsidies, at a minimum amount of 600 million rubles for the manufacturers of gas-fuel LCVs for the year 2020, according to the relevant government decree.
Haval will build a new engine plant in Tula region
As reported by Haval Motor Rus press office, within the framework of the strategy of localisation in the Russian market, Haval is in the process of designing its own engine plant, which will provide the Tula Automobile Plant of Haval with locally manufactured engines.
Avtotor has increased its localisation rate by 30%
As reported by the company press office, Avtotor is expanding cooperation with car component manufacturers, operating in Russia and throughout the territory of the Eurasian Economic Union. Thereby, the total volume of purchases made within the domestic market of the EEU has exceeded 2.2 billion rubles.
OMG has taken over the URAL Automobile Plant
According to the news agency Interfax, the United Engineering Group (OMG) has become the sole owner of the truck manufacturer: Ural Automobile Plant, alongside RM-Terex (managing Tverskoy Excavator, Chelyabinsk Construction and Road Machines, Bryansk Arsenal and Zavolzhsky Caterpillar Tractor Plant). 47.2% of Yaroslav Engine Plant has also been acquired by the company, a similar share remaining with GAZ.
Photoreport MIMS Automechanika Moscow 2018