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Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

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Locally assembled vehicles generate 62% of Russian parc 19.07.19 - 07:50 Locally assembled vehicles generate 62% of Russian parc

There are 43.5 million passenger cars in Russia (on January 1, 2019)

AVTOVAZ Group is forced to suspend the production

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Since July 3rd, 2019, AvtoVAZ Group has been forced to suspend the production at all assembly lines in Tolyatti and Izhevsk. The idle time is associated with another unlawful violation of obligations under the supply agreement and the disruption of the supply of necessary components by Plant “Autocomponent” LLC (Nizhny Novgorod), reported the press service of AvtoVAZ.

As noted, AVTOVAZ did everything possible to prevent this situation and it takes all necessary measures for the early resumption of production. The company reserves the right to recover costs from an unfair supplier. The suspension of production at AVTOVAZ plants does not affect today the availability of LADA cars at the dealer network of the brand. The resumption of production will be reported additionally.

As AUTOSTAT reported earlier, for the first five months of 2019, Russian dealers of LADA sold 143,518 cars, which is more by 3.6% than a year ago. The market share of LADA was 21.2% in the reporting period.

As a part of the 10-year contract, AvtoVAZ will invest about 70 billion rubles, create 2,300 new jobs and, together with Alliance partners, expand the localization of materials, parts and components, introduce new technologies, develop research and development activities in Russia and increase exports. In particular, in the framework of the SPIC, it is assumed not only the localization of global automotive platforms, but also the production of the engine, including the gas engine variant, as well as the production of a continuously variable transmission. In addition, investors have committed themselves to the introduction of cloud electronic technology and the localization of vehicle control systems.

04.07.19 AUTOSTAT
Source: www.autostat.ru