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Latest News Headlines:
Commercial vehicles
Government
Industry
GAZ Group may shift to a four-day work week
RNS.- GAZ Group has given notice to its employees about a possible shift to a four-day work week, as of the end of October to 20 April 2020, as
Government
Industry
OEMs
Toyota will invest $300 mln in the development of its St Petersburg plant
RusAutoNewsCom.- As reported by the press office of the St Petersburg City Administration, the details of the development of cooperation between the Administration and Toyota Motor have been discussed
Import Export
Passenger cars
Exports of Russian-made cars have increased by 38% within the first half
Autostat.- 19,500 Russian-made cars have been exported within the first half of 2019, excluding the EEU countries. The figure indicates a 37.5% year-on-year increase. Around 70% of the aforementioned
OEMs
An additional amount of 3 billion rubles has been allocated on preferential car loan and leasing programmes
Finmarket.-Russian Prime Minister Dmitry Medvedev has approved the allocation of an additional subsidy of 3 billion rubles on preferential leasing and purchase of automobiles, as stated in the document
Commercial vehicles
Market
OEMs
Russian LCV market has increased by 10% in July 2019
RusAutoNewsCom.- The Russian LCV market has amounted to 9902 units in July 2019, indicating a 10.0% year-on-year increase, as reported by Autostat. The traditional leader of the market GAZ has
Commercial vehicles
Industry
OEMs
UAZ will invest 7 billion rubles in a new platform for Patriot-2020
Autostat.- Ulyanovsk Automobile Plant UAZ is working on the creation and launch of the advanced Patriot-2020 platform in cooperation with the Central Scientific Research Automobile and Automotive Engines Institute
Government
Import Export
Russia will reduce the customs duties on foreign brand automobiles
Izvestiya.- Russia will reduce the customs duties on car imports for the last time, within the framework of agreements with the World Trade Organisation. The current rates of import
Aftermarket
Market
Service
Russian spare parts market has amounted to $21.2 billion in 2018
Autostat.- Russian spare parts market has reached $21.2 billion in 2018. The total volume of the secondary market of Russian automobile components and spare parts has exceeded one billion units
Commercial vehicles
Industry
OEMs
The profit of Daimler Kamaz Rus has shrunk by 29% in 2018
Finmarket.- Daimler Kamaz Rus has made a net profit of 962.5 million rubles in 2018, following a 29% year-on-year shrinkage. The revenue of the enterprise has risen by 11.5%
Government
Industry
Suppliers
2 billion USD government support for the automotive components localisation
Kommersant.- The Ministry of Industry and Commerce of Russian Federation has developed a concept for an improvement programme on the production of high-tech domestic components and systems for the
Commercial vehicles
Industry
OEMs
Passenger cars
Car production in Russia has increased by 1% within the first half of 2019
RusAutoNewsCom.- Car production in Russia has been increased within the first six months of 2019. According to ASM Holding data, 868,395 transport vehicles (trucks, cars, buses) have been manufactured
Commercial vehicles
Market
OEMs
Russian bus market has declined by 3% within the first half of 2019
Autostat.- Russian new bus market has amounted to 6129 units by the end of the first six months of 2019, following a 2.6% year-on-year fall. PAZ has become the
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