However, Hyundai has the option to buyback the plant from the Russian company within two years
Weirdly, the Hyundai emblems weren’t edited out in the footage that aired on North Korea’s state-owned television channel
The accident happened when the driver of the Niva attempted to make a jump between two 4-story buildings
It’s another blow for Russia’s automotive landscape as cars over 1900cc, hybrids, and EVs are banned from being exported from Japan
Researchers say that when consumers resort to buying Ladas, that’s a bad sign for the wider economy, even if they’re Russian
The disguised attack targeted 22 of the 80 foreign embassies located in Kyiv, Ukraine, luring dozens of diplomats
American federal agencies, British Airways and the BBC were also hit in hack that exposed millions of Louisiana residents
Russia had accounted for approximately 2% of Michelin’s sales before the start of the war
The Russian time capsule looks as if it has just rolled off the factory floor, but its price tag is insane given that you can buy the same car new for under $9k
It is not yet clear if VW’s deal includes a clause that would allow it to return to Russia in the future
A surge in electric vehicle demand and sales in Russia helped China become the world’s largest vehicle exporter in Q1 2023
Customers and opportunists are buying vehicles in other countries and then shipping them to Russia
Mazepin’s argument is that the sanctions placed against his family for their connection to Vladimir Putin, are preventing him from negotiating with F1 teams
A report claims Hyundai is just waiting on Russian government approval for its plan to sell two factories
The X-Cross 5 looks virtually identical to the FAW Bestune T77, with the only discernible difference being the Lada emblems
In the letter obtained by Der Spiegel, Siegfried Wolf proposed to Putin that the new Volga cars be based on Skoda models
The Gorky Automobile Plant has filed suit against VW for its decision to end a production contract in Russia
China clearly isn’t concerned with Western sanctions against Russian crude oil
