Russian publishing house Kommersant may shut down or temporarily halt publication of Avtopilot, an automobile magazine, Lenta.ru reported Monday.

The firm's Commercial Director Pavel Filenkov said that a final decision would be made by December 1 and that the probability that Avtopilot would close is "very high.”

In 2008, the magazine had not made sufficient profits and in the beginning of next year, Avtopilot may experience financial damages, Lenta.ru reported.

Last Friday, Russian publisher Forward Media Group announced the closure of two of its magazines, Car and Empire.

Kommersant also publishes a daily newspaper under the same name, Kommersant, as well as financial magazine Dengi and business magazine Sekret Firmi.