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


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


What cars do Russians prefer to buy? TOP-10 of brands


Creditors demanded about 18 billion rubles from the Derways plant


Creditors of the Circassian car plant “Derways” demanded from the company to return 17.9 billion rubles, the relevant data are available in the file cabinet of the arbitration court of the republic. The largest in size requirement for the enterprise was set by Geely Motors LLC. Its amount exceeds 9.1 billion rubles, RBC reports.

Recall that in March’19, a lawsuit to declare LLC Automobile Company Derways bankrupt was filed by Evgeny Borisov. The statement was accepted for production in May of 2019. In mid-July of 2019, the Derways introduced an observation procedure for a period of 4 months. Vladimir Batuev was appointed interim manager. The results of the monitoring procedure will be considered during the meeting on November 7th of this year. In August 2017, 51% stake of Derways came under the control of the Moscow Company “SBK Resource” as collateral. The latter is managed by Sberbank of Russia.

At the end of July this year, 2% were transferred to “Centrinvestproject”, owned by the Federal Property Management Agency. The automobile company Derways was established in October 2002 as an automobile division of a diversified corporation. The production capacity of the enterprise is 130 thousand cars per year.

As AUTOSTAT previously reported, in December 2018, a criminal case was instituted against Derways management on suspicion of tax evasion in an especially large amount (319.3 million rubles). In this regard, the production at the Derways plant was discontinued, and manufacturers Lifan and Chery began the searching for new production sites in Russia.

04.09.19 AUTOSTAT
Source: www.autostat.ru