Diplomat says Russia and US close to understanding on AleppoRussian Politics & Diplomacy December 08, 10:28
Lukashenko says CIS turns into modern regional community over past 25 yearsWorld December 08, 9:40
S-400 missile systems put on combat duty in northwestern RussiaMilitary & Defense December 08, 8:47
Japanese Foreign Ministry officially announced Putin's visit on December 15-16World December 08, 7:04
Putin to meet with head of Eurasian Economic CommissionRussian Politics & Diplomacy December 08, 6:22
Russian envoy says relations with NATO started deteriorating long before Ukrainian crisisRussian Politics & Diplomacy December 08, 4:55
Contact Group agrees to settle water cuts issue in Lugansk within 7 days ― OSCE envoyWorld December 08, 2:58
Glencore expects deal on purchasing stake in Rosneft to close in mid-DecemberBusiness & Economy December 08, 2:03
Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
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.