Russia's biggest carmaker Avtovaz on Monday announced that it is looking to raise some $1.3 billion as it struggles to battle back from slumping sales...
6 Sep 2016
A St Petersburg design studio, Petersburg Studio Oneione, has designed a transparent plastic bus that will offer visitors unparalleled viewing of the city during the FIFA World Cup in 2018...
19 Aug 2016
MOSCOW, RUSSIA: Russia's leading car manufacturer, Avtovaz reversed into a net loss last year because of a sales slump on the Russian market, the company reported last week.
31 Mar 2014
PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).
6 Sep 2013
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.
11 Mar 2013
PARIS, FRANCE: Renault has sold its stake in Swedish truck manufacturer Volvo AB for €1.5bn to cut debt and make strategic investments.
14 Dec 2012