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Keywords:
Tags: Automobiles, Russia,
GM takes a loss of $600 million in the 1st quarter of 2015, with the decision by GM CEO Mary Barra to close the plant in St. Petersburg. GM's market share has declined in Russia from 9% to 7.4% and GM CEO Barra focussed attention on making European operations profitable at a time of rapid decline in the Russian automobile market.
Grouped Articles
GM to Close Russian Assembly Plant
Wall Street Journal 03/19/2015
G.M. Exiting Russia, for the Most Part
New York Times 03/18/2015
Grouped Articles
GM Russian Car Venture Is Pleasant Surprise
Wall Street Journal 10/31/2012
Renault-Nissan Buy Into Russia's Aged Auto Giant
Wall Street Journal 05/04/2012
Renault Deal in Russia Shows Kremlin Tactics
Wall Street Journal 03/21/2008
Avtovaz, Largest Carmaker in Russia, Considers Laying Off 27,000 Workers
New York Times 07/29/2009
Wall Street Journal 10/13/2009
Renault Plans a Partnership in Russia
Wall Street Journal 12/08/2007
GM in the Russian auto market.
Grouped Articles
GM Russian Car Venture Is Pleasant Surprise
Wall Street Journal 10/31/2012
Russia's Auto Market Picks Up Speed
Wall Street Journal 08/26/2010
Ruble Pressures Auto Makers to Rethink Russia Business
Wall Street Journal 12/19/2014
Russian Car Sales Skid Lower Amid Economic Gloom
Wall Street Journal 02/10/2015
GM to Close Russian Assembly Plant
Wall Street Journal 03/19/2015
G.M. Exiting Russia, for the Most Part
New York Times 03/18/2015
American and European companies including GM, Ford, Renault, Deere, have manufacturing operations in Russia. With the ruble dropping and higher inflation, Western businesses are nervously watching the crisis in U.S. and E.U. relations with Russia, including the impact of sanctions.
Grouped Articles
Western Businesses in Russia, Watchful and Wary
New York Times 03/07/2014
Russia Moves Closer to Absorbing Crimea, Despite Sanctions
Wall Street Journal 03/18/2014
In Cold War Echo, Obama Strategy Writes Off Putin
New York Times 04/19/2014
Raising Stakes on Russia, U.S. Adds Sanctions
New York Times 07/16/2014
Exxon Mobil Moves Ahead With Russian Oil Drilling Project
New York Times 07/22/2014
Coordinated Sanctions Aim at Russia’s Ability to Tap Its Oil Reserves
New York Times 07/29/2014
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