Russian Automaker Avtotor Holding to Assemble Opel Cars

The Russian automaker Avtotor Holding has announced it will assemble Opel cars in the country’s exclave of Kaliningrad, which borders Poland and Lithuania. Avtotor, which rolls out 27 models of seven different brands, including BMW, Kia and Chevrolet,...

AvtoVAZ, Russia’s Largest Car Maker May File for Bankruptcy

Russia’s largest car producer, AvtoVAZ, has announced it may have to file for bankruptcy due to losses and spiraling debts, but that production will not be halted. Executive vice-president Oleg Lobanov told reporters: “In such an event, we...