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Avtotor

January 19, 2023

Avtotor (Russian: Автотор) is an automobile manufacturing company located in Kaliningrad Oblast, Russia. Avtotor was established in 1996. By 2008, it was one of the largest producers and assemblers of cars in the world.[3] Industry publication Automotive Manufacturing Solutions estimates the company's revenue for 2011 at 4 billion euros and total employees at 3,500,[4] although credit rating agency Expert estimated total revenue in 2017 at $689 million.[1]

Avtotor
TypePublic company
IndustryAutomotive
Founded1996; 27 years ago (1996)
Headquarters
Kaliningrad, KGD
,
Russia
ProductsCars
Revenue$689 million[1] (2017)
208,000,000,000 Russian ruble 
Number of employees
2,100[2] (2015)
Websiteavtotor.ru

History

Avtotor was founded in 1996 by a group of investors, led by current majority owner and chairman of the board of directors, Vladimir Scherbakov, former Deputy Prime Minister of the USSR and Chairman of the State Committee for Labour and Social Problems.[5]

With an investment of $130,000,000, an assembly plant was installed in an unoccupied shipyard in Kaliningrad, with an original plan to produce Nissan automobiles. The name of the company is a portmanteau of "auto" and the German word "tor", meaning "gate". In 1997, the new plant also began assembling Kia automobiles.[6]

In the aftermath of the 1998 Russian financial crisis and the ensuing drop in automobile sales, the company found itself in a difficult financial position. To mitigate the consequences of the crisis, the company changed its business model. The company secured a contract with BMW to become a licensed importer for the German automaker.[7] Later, the company began a partnership with General Motors, starting full-scale assembly on the Chevrolet Lacetti.

Cooperations

Hyundai Motor Company

In September 2012, the company began the production of the commercial vehicle Hyundai HD-78, with a capacity up to 3.5 tonnes, and in 2013, of the trucks Hyundai HD-170 and HD-120.[8] In March 2013, the company started the assembly of the Hyundai i40 sedan and coupe, and in July 2013, of the brand's flagship, the Hyundai Equus.[9] In October 2015, the Hyundai Elantra was added to the line-up.[10]

Kia Motors

Kia was the initial licensor for Avtotor's manufacturing, and the plant has produced more than 240,000 vehicles for Kia.[11]

Among the models produced at the Avtotor plant are the Clarus, Rocsta, Avella, Besta, Pregio, Carnival I, Carnival II, Carnival IV, Rio I, Rio II, Opirus I, Opirus II, Magentis I, Magentis II, Carens I, Carens II, Sportage I, Sportage II, Sportage III, Ceed, Soul, and Mohave.[11]

In February 2016, Avtotor started production on the Kia Optima.[12]

NAC

In June 2005, Avtovar collaborated with NAVECO, part of the Nanjing Automobile Corporation, to produce Avtotor-Trucks starting with the Yuejin line up, a broad range of low-bed delivery trucks with a payload of 0.8 tonnes to 24 tonnes.[citation needed]

Former cooperations

BMW

 
BMW X6

Production of BMW vehicles began in August 1999 with the BMW 5 Series (E39) and 7 Series.[13] In the first year, Avtotor produced 555 cars.[citation needed] In March 2001, the factory began producing the BMW 3 Series (E46),[13] and later, the new 5 Series (E60).[14]

In July 2009, Avtotor increased the capacity of the plant and began production of the crossovers BMW X5 and X6.[14] At the end of May 2010, the company announced the start of assembly on the new BMW 5 Series (F10) for the Russian market[15] from kits received from Germany.

The BMW line-up produced in Kaliningrad has expanded over time with the following models: E65/66 (7 Series), F01/F02 (7 Series), E90 (3 Series), E70 (X5), E71 (X6), E83 (X3) and E84 (X1).[13][16]

In May 2015, BMW released a statement postponing the decision to invest in another plant in Russia due to economic uncertainty in the country.[17] There have been rumors in the media about the quality of Russian made BMWs.[18] These vehicles also did not have factory and manufacturer warranties, unlike their German-made counterparts.[7]

Chery Automobile

Chery car assembly in the Kaliningrad factory began in 2006. Chery car sales began in Russia in May 2006.[19]

In the first six months of 2007, 18,558 vehicles were sold (of which Amulet - 10,119, Tiggo - 4,986, Fora - 2,596, QQ - 825, Oriental Son - 32), allowing Chery to take 12th place in the overall ranking in terms of sales in Russia. In 2007, in Russia, it sold 37,120 Chery cars. The factory produced 40,000 Chery cars that same year from semi-knocked-down kits.[20]

In March 2008, Avtotor stopped assembling cars for Chery.[20] The main cause being the fear that the government would deprive the factory of its privileges enjoyed under the Special Economic Zone, such as duty-free import of components.[citation needed]

General Motors

In August 2003, Avtotor and General Motors signed a set of agreements on the organization of production of GM vehicles at the Kaliningrad plant.[21]

In August 2004, the Kaliningrad plant started production of the Chevrolet TrailBlazer and Chevrolet Tahoe,[22] and in October 2004, of the Hummer H2.[23][24]

In July 2005, the Cadillac CTS, SRX and STS joined them.[25]

On 21 November 2008, production of the Chevrolet Lacetti began in full cycle, including welding and painting. This investment in the organization of the production on the part of GM in Avtotor amounted to 80 million euros.[26]

The other models produced at the Kaliningrad plant included the Cadillac Escalade, the Chevrolet Aveo, Epica, Malibu, Orlando, Captiva, and the Opel Astra,[27] Zafira,[27] Meriva, Insignia, Mokka, and Antara.[21]

Since the existence of the project, Avtotor has produced over 362,000 cars for GM's brands.[21] General Motors discontinued its partnership with Avtotor in 2015, citing poor economic outlook in the country.[28]

Awards and recognition

  • In 2006, Avtotor was ranked 69th in Forbes magazine's list of the 200 largest private companies in Russia[citation needed]

Controversy

  • In 2012, Avtotor formed a partnership with Magna International, a Canadian auto-parts company.[4][29] Vladimir Shcherbakov released a statement that the Canadian government had pressured Magna International into ending the partnership. A spokesperson for Magna denied the allegations.[30]

References

  1. ^ a b . Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
  2. ^ http://www.rbc.ru/companies/id/112.
  3. ^ "Avtotor Holding LLC: Private Company Information - Businessweek". Businessweek.com. from the original on 2016-04-07. Retrieved 2016-03-27.
  4. ^ a b "Partners in production in Russia - Automotive Manufacturing Solutions". Automotive Manufacturing Solutions. from the original on 2016-04-07. Retrieved 2016-03-27.
  5. ^ "Vladimir Scherbakov". Forbes. Retrieved 2020-11-25.
  6. ^ "Kia Starts Kaliningrad Conversion | News". The Moscow Times. from the original on 2016-04-06. Retrieved 2016-03-27.
  7. ^ a b "There's A Russian BMW Scam No One Is Talking About". CarBuzz. 2019-09-23. Retrieved 2020-11-25.
  8. ^ ""Avtotor" started the assembly of passenger cars Hyundai". from the original on 2016-03-25. Retrieved 2016-03-17.
  9. ^ . Archived from the original on 2016-03-25. Retrieved 2016-03-17.
  10. ^ ""Avtotor" began the production of Hyundai Elantra cars". from the original on 2016-03-25. Retrieved 2016-03-17.
  11. ^ a b . Archived from the original on 2016-04-11. Retrieved 2016-03-17.
  12. ^ ""Avtotor" began the assembly of new generation of KIA Optima". eng.autostat.ru. from the original on 2016-04-23. Retrieved 2016-03-27.
  13. ^ a b c "Автотор". from the original on 2012-04-13. Retrieved 2010-10-03.
  14. ^ a b . Archived from the original on 2016-03-25. Retrieved 2016-03-17.
  15. ^ "BMW 5 serija pradedama surinkinėti Kaliningrade". from the original on 2016-03-25. Retrieved 2016-03-17.
  16. ^ "BMW to Invest $500 Million to Double Russian Production Capacity". wardsauto.com. 26 November 2012. from the original on 2016-04-15. Retrieved 2016-03-27.
  17. ^ "BMW postpones Russia assembly plant decision". Automotive News. 6 May 2015. Retrieved 2016-03-27.
  18. ^ "Russian BMW not BMW?". bashny.net. from the original on 2016-04-13. Retrieved 2016-03-27.
  19. ^ "Russia: Chery launches locally assembled vehicles - Automotive World". www.automotiveworld.com. from the original on 2016-04-10. Retrieved 2016-03-27.
  20. ^ a b "Russia's TagAZ Launches Chery Assembly". 21 August 2008. from the original on 2016-03-14. Retrieved 2016-05-16.
  21. ^ a b c . Archived from the original on 2016-03-25. Retrieved 2016-03-17.
  22. ^ "Return of the Chevy Blazer - Kommersant Moscow". from the original on 2016-03-25. Retrieved 2016-03-17.
  23. ^ "Car News and Information". from the original on 2016-03-25. Retrieved 2016-03-17.
  24. ^ "Start Of Assembly Of HUMMER H2 At Avtotor In Russia". www.theautochannel.com. from the original on 2016-04-07. Retrieved 2016-03-27.
  25. ^ "Russia's Avtotor Launches Cadillac Assembly | News & Analysis content from WardsAuto". from the original on 2016-03-25. Retrieved 2016-03-17.
  26. ^ "Russia: GM and Avtotor open new line for Chevrolet Lacetti model - Automotive World". from the original on 2016-03-24. Retrieved 2016-03-17.
  27. ^ a b "GM Car Assembly Begins In Kaliningrad". RadioFreeEurope/RadioLiberty. 2009-10-26. from the original on 2016-04-14. Retrieved 2016-03-27.
  28. ^ Williams2015-03-25T08:40:07+00:00, Marcus. "GM pulls assembly out of troubled Russian market; VW cuts back in Kaluga". Automotive Logistics. Retrieved 2020-11-25.
  29. ^ Marson, James. "Magna, Avtotor Team Up for Auto Complex in Russia". Wall Street Journal. ISSN 0099-9660. from the original on 2016-04-11. Retrieved 2016-03-27.
  30. ^ Alex, Doug; er. "CEO Says Canada Hasn't Asked Magna to End Avtotor Ties". Bloomberg.com. from the original on 2016-04-07. Retrieved 2016-03-27.

External links

  • Official website

January 19, 2023
avtotor, this, article, needs, updated, please, help, update, this, article, reflect, recent, events, newly, available, information, august, 2019, russian, Автотор, automobile, manufacturing, company, located, kaliningrad, oblast, russia, established, 1996, 20. This article needs to be updated Please help update this article to reflect recent events or newly available information August 2019 Avtotor Russian Avtotor is an automobile manufacturing company located in Kaliningrad Oblast Russia Avtotor was established in 1996 By 2008 it was one of the largest producers and assemblers of cars in the world 3 Industry publication Automotive Manufacturing Solutions estimates the company s revenue for 2011 at 4 billion euros and total employees at 3 500 4 although credit rating agency Expert estimated total revenue in 2017 at 689 million 1 AvtotorTypePublic companyIndustryAutomotiveFounded1996 27 years ago 1996 HeadquartersKaliningrad KGD RussiaProductsCarsRevenue 689 million 1 2017 Net income208 000 000 000 Russian ruble Number of employees2 100 2 2015 Websiteavtotor wbr ru Contents 1 History 2 Cooperations 2 1 Hyundai Motor Company 2 2 Kia Motors 2 3 NAC 3 Former cooperations 3 1 BMW 3 2 Chery Automobile 3 3 General Motors 4 Awards and recognition 5 Controversy 6 References 7 External linksHistory EditAvtotor was founded in 1996 by a group of investors led by current majority owner and chairman of the board of directors Vladimir Scherbakov former Deputy Prime Minister of the USSR and Chairman of the State Committee for Labour and Social Problems 5 With an investment of 130 000 000 an assembly plant was installed in an unoccupied shipyard in Kaliningrad with an original plan to produce Nissan automobiles The name of the company is a portmanteau of auto and the German word tor meaning gate In 1997 the new plant also began assembling Kia automobiles 6 In the aftermath of the 1998 Russian financial crisis and the ensuing drop in automobile sales the company found itself in a difficult financial position To mitigate the consequences of the crisis the company changed its business model The company secured a contract with BMW to become a licensed importer for the German automaker 7 Later the company began a partnership with General Motors starting full scale assembly on the Chevrolet Lacetti Cooperations EditHyundai Motor Company Edit In September 2012 the company began the production of the commercial vehicle Hyundai HD 78 with a capacity up to 3 5 tonnes and in 2013 of the trucks Hyundai HD 170 and HD 120 8 In March 2013 the company started the assembly of the Hyundai i40 sedan and coupe and in July 2013 of the brand s flagship the Hyundai Equus 9 In October 2015 the Hyundai Elantra was added to the line up 10 Kia Motors Edit Kia was the initial licensor for Avtotor s manufacturing and the plant has produced more than 240 000 vehicles for Kia 11 Among the models produced at the Avtotor plant are the Clarus Rocsta Avella Besta Pregio Carnival I Carnival II Carnival IV Rio I Rio II Opirus I Opirus II Magentis I Magentis II Carens I Carens II Sportage I Sportage II Sportage III Ceed Soul and Mohave 11 In February 2016 Avtotor started production on the Kia Optima 12 NAC Edit In June 2005 Avtovar collaborated with NAVECO part of the Nanjing Automobile Corporation to produce Avtotor Trucks starting with the Yuejin line up a broad range of low bed delivery trucks with a payload of 0 8 tonnes to 24 tonnes citation needed Former cooperations EditBMW Edit BMW X6 Production of BMW vehicles began in August 1999 with the BMW 5 Series E39 and 7 Series 13 In the first year Avtotor produced 555 cars citation needed In March 2001 the factory began producing the BMW 3 Series E46 13 and later the new 5 Series E60 14 In July 2009 Avtotor increased the capacity of the plant and began production of the crossovers BMW X5 and X6 14 At the end of May 2010 the company announced the start of assembly on the new BMW 5 Series F10 for the Russian market 15 from kits received from Germany The BMW line up produced in Kaliningrad has expanded over time with the following models E65 66 7 Series F01 F02 7 Series E90 3 Series E70 X5 E71 X6 E83 X3 and E84 X1 13 16 In May 2015 BMW released a statement postponing the decision to invest in another plant in Russia due to economic uncertainty in the country 17 There have been rumors in the media about the quality of Russian made BMWs 18 These vehicles also did not have factory and manufacturer warranties unlike their German made counterparts 7 Chery Automobile Edit Chery car assembly in the Kaliningrad factory began in 2006 Chery car sales began in Russia in May 2006 19 In the first six months of 2007 18 558 vehicles were sold of which Amulet 10 119 Tiggo 4 986 Fora 2 596 QQ 825 Oriental Son 32 allowing Chery to take 12th place in the overall ranking in terms of sales in Russia In 2007 in Russia it sold 37 120 Chery cars The factory produced 40 000 Chery cars that same year from semi knocked down kits 20 In March 2008 Avtotor stopped assembling cars for Chery 20 The main cause being the fear that the government would deprive the factory of its privileges enjoyed under the Special Economic Zone such as duty free import of components citation needed General Motors Edit In August 2003 Avtotor and General Motors signed a set of agreements on the organization of production of GM vehicles at the Kaliningrad plant 21 In August 2004 the Kaliningrad plant started production of the Chevrolet TrailBlazer and Chevrolet Tahoe 22 and in October 2004 of the Hummer H2 23 24 In July 2005 the Cadillac CTS SRX and STS joined them 25 On 21 November 2008 production of the Chevrolet Lacetti began in full cycle including welding and painting This investment in the organization of the production on the part of GM in Avtotor amounted to 80 million euros 26 The other models produced at the Kaliningrad plant included the Cadillac Escalade the Chevrolet Aveo Epica Malibu Orlando Captiva and the Opel Astra 27 Zafira 27 Meriva Insignia Mokka and Antara 21 Since the existence of the project Avtotor has produced over 362 000 cars for GM s brands 21 General Motors discontinued its partnership with Avtotor in 2015 citing poor economic outlook in the country 28 Awards and recognition EditIn 2006 Avtotor was ranked 69th in Forbes magazine s list of the 200 largest private companies in Russia citation needed Controversy EditIn 2012 Avtotor formed a partnership with Magna International a Canadian auto parts company 4 29 Vladimir Shcherbakov released a statement that the Canadian government had pressured Magna International into ending the partnership A spokesperson for Magna denied the allegations 30 References Edit a b Rejting krupnejshih kompanij Rossii po obemu realizacii produkcii Expert RA Archived from the original on 28 October 2018 Retrieved 28 October 2018 http www rbc ru companies id 112 Avtotor Holding LLC Private Company Information Businessweek Businessweek com Archived from the original on 2016 04 07 Retrieved 2016 03 27 a b Partners in production in Russia Automotive Manufacturing Solutions Automotive Manufacturing Solutions Archived from the original on 2016 04 07 Retrieved 2016 03 27 Vladimir Scherbakov Forbes Retrieved 2020 11 25 Kia Starts Kaliningrad Conversion News The Moscow Times Archived from the original on 2016 04 06 Retrieved 2016 03 27 a b There s A Russian BMW Scam No One Is Talking About CarBuzz 2019 09 23 Retrieved 2020 11 25 Avtotor started the assembly of passenger cars Hyundai Archived from the original on 2016 03 25 Retrieved 2016 03 17 Avtotor HYUNDAI Archived from the original on 2016 03 25 Retrieved 2016 03 17 Avtotor began the production of Hyundai Elantra cars Archived from the original on 2016 03 25 Retrieved 2016 03 17 a b Avtotor KIA Archived from the original on 2016 04 11 Retrieved 2016 03 17 Avtotor began the assembly of new generation of KIA Optima eng autostat ru Archived from the original on 2016 04 23 Retrieved 2016 03 27 a b c Avtotor Archived from the original on 2012 04 13 Retrieved 2010 10 03 a b Avtotor Istoriya Avtotora Archived from the original on 2016 03 25 Retrieved 2016 03 17 BMW 5 serija pradedama surinkineti Kaliningrade Archived from the original on 2016 03 25 Retrieved 2016 03 17 BMW to Invest 500 Million to Double Russian Production Capacity wardsauto com 26 November 2012 Archived from the original on 2016 04 15 Retrieved 2016 03 27 BMW postpones Russia assembly plant decision Automotive News 6 May 2015 Retrieved 2016 03 27 Russian BMW not BMW bashny net Archived from the original on 2016 04 13 Retrieved 2016 03 27 Russia Chery launches locally assembled vehicles Automotive World www automotiveworld com Archived from the original on 2016 04 10 Retrieved 2016 03 27 a b Russia s TagAZ Launches Chery Assembly 21 August 2008 Archived from the original on 2016 03 14 Retrieved 2016 05 16 a b c Avtotor GENERAL MOTORS Archived from the original on 2016 03 25 Retrieved 2016 03 17 Return of the Chevy Blazer Kommersant Moscow Archived from the original on 2016 03 25 Retrieved 2016 03 17 Car News and Information Archived from the original on 2016 03 25 Retrieved 2016 03 17 Start Of Assembly Of HUMMER H2 At Avtotor In Russia www theautochannel com Archived from the original on 2016 04 07 Retrieved 2016 03 27 Russia s Avtotor Launches Cadillac Assembly News amp Analysis content from WardsAuto Archived from the original on 2016 03 25 Retrieved 2016 03 17 Russia GM and Avtotor open new line for Chevrolet Lacetti model Automotive World Archived from the original on 2016 03 24 Retrieved 2016 03 17 a b GM Car Assembly Begins In Kaliningrad RadioFreeEurope RadioLiberty 2009 10 26 Archived from the original on 2016 04 14 Retrieved 2016 03 27 Williams2015 03 25T08 40 07 00 00 Marcus GM pulls assembly out of troubled Russian market VW cuts back in Kaluga Automotive Logistics Retrieved 2020 11 25 Marson James Magna Avtotor Team Up for Auto Complex in Russia Wall Street Journal ISSN 0099 9660 Archived from the original on 2016 04 11 Retrieved 2016 03 27 Alex Doug er CEO Says Canada Hasn t Asked Magna to End Avtotor Ties Bloomberg com Archived from the original on 2016 04 07 Retrieved 2016 03 27 External links EditOfficial website Retrieved from https en wikipedia org w index php title Avtotor amp oldid 1131119833, wikipedia, wiki, book, books, library,

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