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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

What  parameters of cost of owning a car are important for the Russians?

News

AVTOVAZ creates a program of transfer out of non-core assets

The restructuring of AVTOVAZ focused on cost cutting and productivity enhancement caused the creation of a new program of transfer out of non-core assets at the enterprise.
AVTOVAZ board of directors made a decision to establish five affiliate companies on the base of seven plants manufactures. The work of these affiliate companies with AVTOVAZ will be on the contractual basis. Legal autonomy of manufactures allows them to attract investors that will speed up the processes of technical modernization. Volume increase of outside orders and economic self-reliance will be the catalyst of business development of manufactures that leads to growth of financial indexes and social welfare of staff.
Transfer out of non-core assets including the devolution of social functions to municipal authorities agrees with the strategy of our company in cost cutting and effectiveness increase, said Boris Aleshin, the president of AVTOVAZ. The final challenge is the AVTOVAZ positioning as the global player on the world market. All global auto manufacturers have clearly defined functions such as engineering and development of new models, assembly including stamping, wielding and painting, sales and maintenance support. In Togliatti the plant and the city are inseparable from each other and for many years the plant has been burdened with a large segment of non-core assets. The further restructuring allows AVTOVAZ to become more competitive not only in the country but also far abroad.

18.11.08
Source: АВТОСТАТ