Sokolov says that Renault had been investing roughly 20-22 billion rubles (~$226-249 million) into AvtoVAZ annually before it left. He believes it’s only right for the French brand to reimburse NAMI ...

Sales of Lada cars in Russia in January 2025 amounted to 20,802 thousand, which is almost the same as in January 2024 — 20,835 thousand cars. This is stated in the message of AVTOVAZ. Sales of the ...

Avtovaz sold almost 460,000 Lada cars in 2024 ... sales in 2022 when sanctions and the exodus of foreign carmakers hit Russia's auto market hard. Sokolov did not specify whether the investment ...

Russia says it is open for economic cooperation with the United States, including on energy and mining rare earth minerals. Moscow’s comments came after US President Donald Trump said Monday he ...

Russia gives “grotesque” gifts in exchange for the lives of Russian soldiers on the frontline - ranging from meat grinders to ...

But how viable a partner is Vladimir Putin’s Russia, its economy weakened by years of Western sanctions, its population falling and the prospect of aggressive state intervention rarely far away?