Russia’s UAZ develops right-hand drive car for exports - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russia’s UAZ develops right-hand drive car for exports

NIZHNY NOVGOROD, Feb 17 (PRIME) -- Russian carmaker UAZ is creating a right-hand drive car for exports to countries with left-hand driving, the Ulyanovsk Region Governor Sergei Morozov’s press office said in a statement late on Thursday following a visit to the plant and a meeting with CEO Vadim Shvetsov.

“We have returned to the Latin American countries. We plan to develop cooperation with China and Vietnam. We are now working on creation of a right-hand drive car in order to enter the markets of ‘the right-hand drive’ countries, like Indonesia. We are in intensive negotiations with Iran,” Shvetsov said, as cited by the statement.

UAZ plans to double car exports this year, and to raise the share of exports in its sales to 40% in next three to four years from the current 8–10%, he said.

Previously, UAZ said it raised car sales by 1% on the year to 48,800 cars in 2016, but exports plunged 29.29% to 3,467 cars.

End

17.02.2017 08:09
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.0270 -0.6917 28 apr
USD 91.7791 -0.2343 28 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3469.83 0.00 09:59 02 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 163.22 0.00 23:50 02 may
lkoh 8085.50 0.00 23:50 02 may
rosn 582.00 0.00 23:50 02 may
sber 308.24 -0.24 05:10 02 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 99.2775 +1.4825 09:44 02 may
USDTD 92.5400 +0.9850 09:44 02 may