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The report in focus

Automotive Industry In Russia. Results of 2019. Prospects

Automotive Industry In Russia. Results of 2019. Prospects

Exit date 02.06.2020

Format PDF, 55 стр.

Price 960 eur.

report contains information on automotive vehicle production in Russia, particularly passenger cars and commercial vehicles

02 june more info

Analytics

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.

05 julymore info

Infographics

Repurchase index of premium brands

News

KAMAZ and Weichai signed an agreement on the creation of a joint venture

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KAMAZ and Weichai Power Co. Ltd. in the framework of the IV Eastern Economic Forum signed today an agreement on the establishment of a joint venture to produce industrial engines in Russia. The joint venture will be created on a parity basis, informed the press service of KAMAZ.

The joint venture “KAMAZ Weichai” LLC, specializing in the production of industrial diesel and gas engines with a capacity of more than 17 liters, the capacity from 520 to 2000 kW, is planned to be located in the free areas of the KAMAZ subsidiary in the Yaroslavl Region - PJSC Tutaevsky Engine Plant. The first engines are planned to be implemented this year. The production of the joint venture will comply with the environmental standards "Stage III". It is assumed that the main region for the sale of engines will be the CIS countries and the Customs Union of the Eurasian Economic Union (Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan).

The opening of this joint venture upon reaching the planned capacity will create about 160 new jobs. In addition to the supply of high-tech products, demand in the market, the enterprise is ready to offer a full range of services, including servicing of engines and repair of any complexity, extensive consulting support and training of technical personnel, prompt delivery of original spare parts.

The joint venture plans to apply for the status of a resident of the territory of the advanced social-economic development of "Tutaev", located on the territory municipal formation urban settlement Tutayev, Yaroslavl region

13.09.18 AUTOSTAT
Source: www.autostat.ru