The European Bank for Reconstruction and Development (EBRD) funding will finance the second stage of PCMA’s Kaluga plant which involves building two welding lines, a paint shop and two assembly lines
Fiat has signed a Letter of Intent with Sberbank in relation to a new project for the production and distribution of passenger and commercial vehicles in Russia
In the first month of the year, Škoda’s sales figures in Russia have already risen 42% and are thus increasing twice as fast as the overall car market.