Russia bolsters military potential in South to respond to emerging threats — defense chiefMilitary & Defense July 26, 16:09
Moscow to frame stance on new sanctions once US bill becomes lawRussian Politics & Diplomacy July 26, 16:03
Kazakhstan hopes to develop its own module for joint space station with RussiaScience & Space July 26, 15:34
EU diplomats move to slap more sanctions on Russia over Siemens turbines furorBusiness & Economy July 26, 15:11
London court binds Ukraine to pay par value of Eurobonds to RussiaBusiness & Economy July 26, 15:05
Siberian scientists suggest using fluorescent proteins to analyze toxicityScience & Space July 26, 14:56
Moscow Zoo’s breeding center home to world's endagered speciesSociety & Culture July 26, 14:53
EC announces readiness to defend European interests against US sanctionsBusiness & Economy July 26, 14:24
Official says it's up to Turkey as NATO member to decide on purchase of Russian S-400World July 26, 14:09
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.