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"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

Exit date 07.12.2020

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Price 3500 eur.

The fourth autumn wave of the project is aimed at identifying consumer preferences in the ...

07 december 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

The share of all-wheel drive in sales of SUV in the Russian market

News

Fiat and Sberbank will create joint venture with a capital of both parties

 

 

 

Italian concern Fiat and Russian Sberbank reached the preliminary agreements about creation of joint venture in Russia, informed the newspaper Corriere della Sera on February 27th. According to data of Italian publishing, Fiat will receive a share of 80% and Sberbank – 20%. The source of one of Russian offices confirmed to newspaper “Kommersant” the information that Fiat and Sberbank are going to create the company in Russia, both parties in the joint-stock of which will participate. By the words of source that is close to Sberbank, “this variant is more possible”.

According to data of Corriere della Sera, investment volume will be 850 million Euros in Fiat plant construction and it is a little bit less than it was announced in summer of 2011. At that time director of department of special economic zones and designed financing of Ministry of economic development, Dmitry Levchenkov, said that investments will be on the level of 1,1 milliard dollars. Fiat, most likely, will build its plant near St. Petersburg, and in December of the previous year the chairman of Committee of investments and strategic development of city government, Aleksey Chichkanov, said that the “principal decision” about it was taken. At that time the officer informed that authorities of city will sign a memorandum about plant construction with Fiat before the end of the first quarter of 2012. According to data of source of “Kommersant” in city government, Fiat will be able to locate its production in the new industrial zone near the town-satellite Yuzhny, which is planned to be built in the former agricultural grounds in Pushkin region of St. Petersburg.

The source of “Kommersant” that is close to Sberbank, informed that the main production volume of new plant will belong to SUVs Jeep. The platform for them was obtained by Fiat from Chrysler, the control share of which was consolidated by Italian concern in the previous year. By the words of interlocutor, the production of light commercial vehicles Fiat Ducato “more likely” will be launched on base of Moscow plant “ZiL”. “Negotiations about it are held actively with government of Moscow”, - specified the source. Therewith, the assembly of some Fiat models of its model range, for example, sedan Linea, could be launched in the additional production sites in future. “Fiat gives 20% to Sberbank to have an access to financing and bank is going to load its automotive assets, including “TagAZ and Derways, in future due to its share in joint venture”, - supposes the source. On opinion of analysts, Sberbank wants to receive a guarantee of receiving back its investments and it will leave the capital in several years after the project launch.

It should be reminded that at first Fiat wanted to create the joint venture with Sollers Company. It was planned that the total production capacities of new joint venture will reach 500 thousand cars per a year by 2016. But parties announced about the stoppage of partnership in February of the previous year and Fiat decided to develop in Russia independently. In June of 2011 Fiat concluded with Ministry of economic development of Russia the agreement about industrial assembly with old rules by using the unrealized agreement of its subsidiary “Saveko” that was concluded in 2008. Therewith, Italian producer took increased obligations of production volumes (120 thousand cars per a year) and engine plant creation.


 

29.02.12 AUTOSTAT
Source: www.autostat.ru