Industry

The company "MMS Rus", the official distributor of Mitsubishi Motors cars in Russia, announced the reduction of recommended retail prices for original spare parts intended for body repair of Mitsubishi cars.

China aims to cut 30mn t of steel capacity in 2018, putting it on track to almost complete its five-year goal to eliminate 150mn t/yr of blast furnace-based crude steel capacity two years before a 2020 deadline.

The axle – manufactured at Dana's Birmingham, England, facility – provides exceptional reliability, durability, comfort, and efficiency in a compact design to meet stringent performance requirements throughout the Crafter's anticipated long service life and high-mileage city driving.

The developed LiDAR using the proposed circuit achieves a measurement range of 200m, which is world’s highest and twice than that of conventional automobile LiDARs.

The merger agreement has been unanimously approved by the boards of AXA and XL Group. Total consideration for the acquisition would amount to USD 15.3 billion (or Euro 12.4 billion), to be fully paid in cash.

LS Group and KKR today announced that KKR has completed its investment in LS Automotive and has completed the acquisition and carve-out of KCF Technologies Co., Ltd. , the copper foil and flexible copper clad laminate business formerly known as LS Mtron

A semitrailer tractor with an index of 65209 – the next model of a new family of cars - was assembled at the KAMAZ plant. 

The analytic agency "AUTOSTAT" conducted monitoring of prices for new cars, which covered all automakers officially represented on the Russian market. 

Kia Motors Corporation announced its February 2018 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 195,962 units sold, decreasing 9.1% from 2017.

The first batch of right-hand drive KAMAZ vehicles was delivered to BELL Equipment, the official distributor of KAMAZ PTC in Africa.

GOES-S Launch Marks Flight of 100th Aerojet Rocketdyne AJ-60A Solid Rocket Booster

Russian dealers of Geely began sales of a new crossover Geely Atlas, whose production is set up at the BelGee plant in Belarus. 

Volkswagen Group Rus exported 25,100 cars of Russian production in 2017 (+ 70%).