Finnish president stresses Arctic should be free of geopolitical disputesWorld March 28, 11:11
Blaze at Ukrainian ammo depot extinguished, residents return homeWorld March 28, 10:13
Serbia’s PM believe Russia concerned by instability in BalkansWorld March 28, 3:40
About 3,000 troops to take part in missile force’s drills in central RussiaMilitary & Defense March 27, 20:55
Russian footballers must ‘force own game’ on Belgium in Sochi friendly match — coachSport March 27, 20:34
UN denies rumors of Staffan de Mistura’s resignationWorld March 27, 20:16
Prominent Russian lawyer vows to look into detention of journalists during Moscow ralliesRussian Politics & Diplomacy March 27, 20:05
Kremlin says world chess tournaments should go as planned despite FIDE’s presidential rowSport March 27, 19:32
Ukrainian politician says Kiev turns deaf ear to public pleas to end Donbass blockadeWorld March 27, 19:17
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.