«AKOM» group of companies launched the new line for the production of automotive batteries in Zhigulevsk. With the commissioning of the new equipment the plant began serial production of the first import-substituting product – EFB class batteries, advanced batteries with liquid electrolyte.
Avtotor plant in Kaliningrad continues to develop its project on organization of automotive cluster in the Kaliningrad SEZ and currently looks for automotive component manufacturers.
AVTOVAZ signed an agreement with GM-AVTOVAZ joint venture for the development of the engine for Chevrolet Niva SUV.
The car will receive 1.8-liter engine, work on the first phase of the contract has already begun. According to the company’s reports, AVTOVAZ will develop a modification of 1.8-liter engine for Chevrolet Niva 2199.
GAZ PJSC produces automotive components and is the main legal entity of GAZ Group. According to RAS, the net profit of GAZ PJSC in the first half of 2016 amounted to 350.464 million rubles against the loss of 1.523 billion rubles in the previous year.