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Dec 2, 2014

TRUCKMAKER NEWS * Russia: Volvo's

* Volvo expands Russian truck plant amid market slump

(Photo by Lucy Nicholson / Reuters - Volvo's Kaluga plant, Russia)
Kaluga,Moscow, Russia -The Moscow Times, by Alexander Panin -Dec. 01 2014:
... Volvo Trucks Russia now has a facility that at full capacity will be capable of assembling 15,000 heavy truck cabins a year — five times the company's current truck sales. Volvo already assembles Volvo and Renault trucks at its plant in Kaluga, 180 kilometers southwest of Moscow, but had imported cabins and most other components... Volvo sales are falling faster than the market average. The company sold just over 3,000 trucks over the first 10 months of the year, down 37 percent compared with the same period last year, Autostat data show... This way the company will meet the requirements to participate in state purchasing tenders, a promising future market, said Roman Petryaev, development director of Volvo Group plant in Kaluga. The government sets minimum local production requirements for its purchases to encourage domestic manufacturing... The company also has plans to export Renault and Volvo trucks made in Kaluga to Belarus and Kazakhstan, which are joined in a Customs Union with Russia, Petryaev said...

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