According to reports the Russian bid to host a Grand Prix in 2014 is starting to gain momentum. It was mentioned earlier in the year that Bernie Ecclestone was keep to add Russia to the Formula One calendar. Deputy regional development minister Yuri Reilyan has now been quoted by business newspaper Vedomosti as saying that [...]

Fiat’s new venture in Russia with OAO Sollers plans to produce as many as 150,000 Jeep SUVs a year, the Russian business newspaper Vedomosti reported Wednesday, citing analysts who participated in a company conference call. Chrysler, under Fiat control, is looking largely at Jeep to help it more than double its international sales to 500,000 [...]

There has been a lot of new lately about Renault ever since they beat out Fiat and General Motors to acquire a 25% stake in Russian automaker Avtovaz. Avtovaz were planning on a new product launch of their Lada brand, but Renault has reportedly now changed its strategy, putting new Ladas on hold. Instead, they’ll [...]