Search results: general motors

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  GM writes off $657 million due to business termination in Russia in 2022

  American automaker General Motors has estimated the cost of ending business in Russia in 2022 at $657 million. According to the company's financial statements, the amount includes the write-off of net investments and the transfer of accumulated losses from the transfer to profit, Interfax news agency writes.

  3 february 2023, 14:49
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  Volvo and Land Rover Jaguar cut staff in Russian offices

  Volvo Cars and Jaguar Land Rover, following General Motors, are reducing their Russian offices. The Swedish brand intends to continue warranty support and is ready to pay for spare parts imported bypassing the copyright holder, there is no clarity on Jaguar Land Rover yet. The companies have not commented on the situation officially yet.

  27 april 2022, 10:37
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  General Motors leaves finally Russia

  The American automaker General Motors is leaving finally the Russian market due to US and international sanctions. Dealers have already received notice to stop deliveries of vehicles and parts that are effectively prohibited by US sanctions.

  21 april 2022, 11:37
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  General Motors concern suspends the car deliveries to Russia

  The American auto concern General Motors, as of March 1st, 2022, decided to suspend the export of cars to Russia and new wholesale sales to dealers until further notice. This was reported to the agency "AUTOSTAT" in the press service of GM Russia, by adding that this decision was influenced by a number of external factors, including problems with the supply chain and others beyond the control of the company.

  3 march 2022, 07:42
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  General Motors has launched an online car purchase service in Russia

  General Motors has launched a service in Russia that allows you to buy a car completely online. According to the press service of the automaker, now all stages of concluding a deal, from agreeing its terms with a personal manager and paperwork to payment, actual delivery and delivery of the car, can be carried out using the new online purchase service on the official websites of Cadillac and Chevrolet.

  6 october 2021, 12:24
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  The new showroom Cadillac and Chevrolet was opened in Voronezh

  General Motors Russia opened the first official dealer center in Voronezh - Avtograd Plus. 

  29 november 2019, 10:33
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  Hyundai is negotiating the purchase of GM plant in St. Petersburg

  Hyundai interested actively in GM, which has been idle since July 2015 in St. Petersburg.

  30 august 2019, 14:58
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  Interdepartmental Commission supported the projects of five automakers on the conclusion of SPIC

  The Interdepartmental Commission for Special Investment Contracts (SPIK) has decided to support the projects of Volkswagen, GM-AVTOVAZ, Avtotor, PSMA Rus and Volvo.

  24 june 2019, 14:49
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  Sales of premium Cadillac and Chevrolet grow in Russia

  By the results of the first quarter, the American automobile concern General Motors increased sales of its Cadillac and Chevrolet brands by 38% in Russia and the CIS.

  17 april 2019, 13:56
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  GM invests $ 1.8 billion in the production of US

  American automaker General Motors will invest $ 300 million in its assembly plant in the suburb of Orion, Michigan for the production of a new electric car Chevrolet.

  28 march 2019, 15:58
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  Avilon opened the second dealership Cadillac Chevrolet in Moscow

  Avilon has opened the largest Cadillac Chevrolet showroom in Russia according to the new brand standards.

  19 march 2019, 12:32
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  GM-AVTOVAZ increased the exports of Chevrolet Niva by 36% in 2018

  GM-AVTOVAZ exported 1,618 Chevrolet Niva SUVs in 2018, which is more by 35.9% than a year ago.

  4 march 2019, 15:03
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  The production of passenger cars remained at the last year's level in January

  According to Rosstat, the production of passenger cars in January remained at the last year’s level and amounted to 113 thousand units (-0.1%).

  19 february 2019, 13:31
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  TOP-10 of popular used cars in the Russian market

  In 2018, according to the data of the analytic agency AUTOSTAT, the volume of the market of used foreign cars in Russia was about 4 million units.

  29 january 2019, 12:36
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  GM-AVTOVAZ began the production of Chevrolet Niva with extended configurations

  From January 22nd GM-AvtoVAZ began the production of Chevrolet Niva SUVs by new Vehicle Type Approval (VTA), received in December of the last year.

  24 january 2019, 12:24
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  One in four Chevrolet Niva is sold on credit

  During the first half of 2018, the share of the Chevrolet Niva sold under credit programs came up to 23.15% of the total retail sales of GM-AVTOVAZ in Russia. That is 4.7% more than for the same period last year. This information was given to AUTOSTAT agency by the press service of the JV, where they mentioned that the increase in the number of vehicles purchased on credit is due to the development of GM-AVTOVAZ credit programs, specifically, attracting new partner banks and development of new offers together with them.

  1 august 2018, 16:40
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  The head of "General Motors" in Russia will be Hector Villarreal

  The Russian office of General Motors introduced informally a new employee of GM, who in the near future will become the head of "General Motors Russia" and the general director of "GM Auto". This was announced on September 21st in Moscow at the celebration of the 115th anniversary of the Cadillac brand.

  26 september 2017, 15:40
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  GM told about new products for the Russian market

  Until the end of 2017, Russia will begin sales of the new flagship sedan Cadillac CT6. A special version of Cadillac CTS-V is also available for order from two Moscow dealers. Also, in 2018, a new SUV Chevrolet Traverse will enter the Russian market.

  6 september 2017, 10:26
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  GM office in Russia changed its name to Cadillac Russia

  Representative office of General Motors Corporation in Russia is called Cadillac Russia now. This was announced by the head of the mission, which was recently known as General Motors CIS Luke Patriniani during the business breakfast held on 15 December in Moscow.

  20 december 2016
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  GM-AVTOVAZ reduced the export of Chevrolet Niva by 30% for 9 months

  GM-AVTOVAZ for the first nine months of 2016 exported 1176 Chevrolet Niva SUVs - less by 30% than the year before.

  14 october 2016, 16:05