The Renault-Nissan Alliance and state corporation Russian Technologies have signed a MoU to create a joint venture and give the Renault-Nissan Alliance an indirect majority stake in AvtoVAZ
The European Bank for Reconstruction and Development (EBRD) funding will finance the second stage of PCMA’s Kaluga plant which involves building two welding lines, a paint shop and two assembly lines
Fiat has signed a Letter of Intent with Sberbank in relation to a new project for the production and distribution of passenger and commercial vehicles in Russia