Russia’s carmakers are facing mounting problems as falling sales and deteriorating finances put the industry under strain. AvtoVAZ, the country’s largest automaker, has shifted to a four-day workweek ...

Russia's car industry, which went through "clinical death" after the exit of Western car manufacturers and then saw partial recovery in 2023-2024, is once again collapsing. Between January and ...

(Reuters) -Russia's depressed car market has shown weak signs of recovery as 2025 draws to an end, but is set to hit near-record lows early next year as higher scrappage fees drive up prices, dealers ...

MOSCOW, Sept 25 (Reuters) - The Russian government expects budget revenues from car scrappage fees to rise sharply this year and next, even though vehicle sales are in steep decline, a document ...

Sept 3 (Reuters) - New car sales in Russia fell by 17.6% year-on-year in August, accelerating from July's 11.4% decline, data showed on Wednesday, as lower interest rates failed to revive the market.

KYIV, Ukraine — A convoy rolls through the dense fog: soldiers on motorbikes, some perched on the roofs of cars missing doors and windows, others atop a battered truck. Debris covers the muddy, ...

When Russian President Vladimir Putin arrived in New Delhi, PM Modi received him with a handshake and a warm hug at the Palam ...