Press review: US 'gears up for war' in Europe and experts doubt stability of Syrian peacePress Review February 28, 13:00
Envoy says Sakhalin may be linked to Russia’s mainland via tunnel and later to JapanBusiness & Economy February 28, 12:55
Russia’s energy minister hopes gas dispute between Russia, Belarus will be settled soonBusiness & Economy February 28, 12:16
Foreign Ministry says Russia open to discussion on strategic issues with USRussian Politics & Diplomacy February 28, 12:06
Diplomat says Russia not holding any talks with US on criteria to lift sanctionsRussian Politics & Diplomacy February 28, 11:55
Russian diplomat says messages Trump sends in address to Congress important for MoscowRussian Politics & Diplomacy February 28, 11:48
Construction cost of Moscow - Kazan high speed railway currently estimated at $22.4 blnBusiness & Economy February 28, 11:38
Russian ice hockey legend Vladimir Petrov passes away at 69Sport February 28, 11:34
Russian rocket-system maker produces drone enclosed in missileMilitary & Defense February 28, 11:09
Toyota will not localize Lexus’ production in Russia even though new state purchase rules demand that cars be produced either in the Customs Union of Russia, Kazakhstan and Belarus or in special economic zones.
“Our premium cars require special production skills, which only workers at several Toyota Motor Corporation ventures in Japan and the US have,” the company’s representative said, cited by Vedomosti.
Nissan can lose state orders for its premium brand cars Infinity. The cars were assembled in St. Petersburg, but in May the production was stopped as the contract assembly agreement expired. The company does not plan to extend the contract, a Nissan representative said, the business daily reported.
In 2013, the state purchases of Nissan and Infiniti accounted for 0.4% and about 1% of all their Russian sales. The new legislation can also hurt Germany’s Mercedes-Benz sales, as the state purchases accounted for 3% of the company’s total sales in Russia last year.