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Automotive sales in Russia in 2015 down 35.7%

Green Car Congress

Sales of new passenger cars and LCVs in Russia decreased by 457% in December 2015, with a 35.7% drop for the entire year, according to figures released by The Automobile Manufacturers Committee of the Association of European Businesses (AEB) in Russia. Expectations for the new year are muted.

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Volkswagen Group to build own engine plant in Russia; production to begin in 2015

Green Car Congress

The Volkswagen Group is expanding its capacities in Russia with the construction of a new engine plant in Kaluga, Russia. liter gasoline engine from the EA 211 series will be produced locally as of 2015. Russia is the primary strategic growth market in Europe for the Volkswagen Group.

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Nissan to begin production of Pathfinder hybrid in Russia; importance of Russian market

Green Car Congress

Nissan’s all-new fourth-generation Pathfinder—which will be built in Russia—will be available with a standard 3.5L Petersburg plant Russia’s first to produce a hybrid. The plant currently builds the Teana, Murano and X-Trail, and Qashqai will be added in 2015. miDO sales are due to start in early 2015.

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When Will Russia Run Out Of Oil?

Green Car Congress

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. In 2015, only seven new hydrocarbon discoveries were made in Russia, three of them in the Baltic Sea. In 2016, only 3.7

Russia 150
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Roland Berger: Russian embargo against the Western automotive industry would hit Russia harder

Green Car Congress

A decision by Russia to retaliate against sanctions imposed by the European Union and the US over Ukraine by imposing strong Russian sanctions—i.e., As Russia struggles with an ailing economy, rising inflation and a volatile currency, there’s no sign of a recovery any time soon, the consultancy said. —Uwe Kumm.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts. percent year-over-year, up from 2.3

Russia 150
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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ).

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