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30.10.2008, 06:03

New cars stuck in limbo as crisis begins to bite

As the credit crisis spreads, car dealers are turning back deliveries of new vehicles. Hundreds of unsold cars line the road to Moscow as Renault Russia claims it has nowhere to put them. Truck drivers are threatening to block the road if the situation is

31.10.2008, 11:56

Car sales crisis hits Russia

The global crisis has had a devastating impact on car sales in Russia and a huge fleet of car transporters is now stuck outside Moscow. The dealer the consignment is intended for is refusing to accept the vehicles saying there is no room to store 500 cars

08.12.2008, 16:44

Ford’s plant extends holiday as sales fall

Ford’s car plant in the Leningrad region will suspend production for nearly a month over the New Year’s period – giving workers an extended holiday as demand weakens.

Automakers shape for life in the slower lane

Published: 13 October, 2008, 06:40


Russia's number two automaker GAZ says it will reverse its sliding market share, as buyers downsize in the credit crunch. The news comes as the head of luxury car manufacturer Audi reveals sales growth in Russia has collapsed.

 
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