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Latest News Headlines:
Commercial vehicles
Market
Russian truck market has grown by 6% in August 2019
RusAutoNewsCom. – Russian truck market has increased 5.6% in August 2019 in comparison with the same period of the previous year. According to Autostat 6,630 new trucks have been
Commercial vehicles
Market
Russian LCV market has increased by 7% in August 2019
RusAutoNewsCom.- The Russian LCV market has amounted to 9853 units in August 2019, indicating a 6.9% year-on-year increase, as reported by Autostat. The traditional leader of the market GAZ has
Industry
OEMs
The production of the updated Ford Transit has started in Russia
RusAutoNewsCom.- Ford Sollers Elabuga has announced the launch of the production of the updated Ford Transit at the factory of the company in Elabuga Special Economic Zone. The first
Commercial vehicles
Market
OEMs
KAMAZ has lowered its sales forecast in Russia
Interfax.- Kamaz has lowered its sales forecast in the Russian Federation to a maximum figure of 30,000 units for 2019. The relevant statement has been made by the general
Market
OEMs
Passenger cars
Avtovaz predicts a slight shrinkage in the Russian car market in 2019
TASS.- According to Avtovaz forecast, the sales of passenger cars and light commercial vehicles will slightly fall in Russia in 2019, in comparison with the previous year. The relevant
Commercial vehicles
Market
OEMs
GAZ Group has improved its LCV market forecast
Finmarket.- GAZ Group has improved its prediction on the light commercial vehicles market, following the government decree, instructing the allocation of 10 billion rubles on the purchase of school
Market
OEMs
Passenger cars
Haval has become the leader amongst Chinese brands in Russia
Autostat.- Haval has sold 5849 automobiles in Russia within the first 8 months of 2019. As a result, the brand has become the leader of Chinese brands in the
Market
OEMs
Passenger cars
Russian car market has declined by 1% in August 2019
RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian car market has decreased by 1.3%, or by 1843 units year-on-year in August 2019, and amounted to 145,545
Commercial vehicles
Government
Market
Russia’s Regions will be provided with 4000 ambulances and school buses
RNS.- Russian Federal Regions will be provided with an additional number of 4000 ambulances and school buses. Russian government has distributed more than 1550 new ambulances and over 2450
Industry
OEMs
Sollers has made a net loss of 136 million rubles at the end of H1 2019
RusAutoNewsCom.- As announced by the company press office, the revenue of Sollers Group has increased to 15.1 billion rubles by the end of the first half of 2019, which
Industry
OEMs
Passenger cars
Creditors have demanded $270 million from Derways automobile plant
RBC.- The creditors of Derways automobile plant in Karachai-Cherkesk have demanded the return of 17.9 billion rubles (approximately $270 million) from the company. The relevant data is filed in
Commercial vehicles
OEMs
The net loss of Kamaz has reached 3.2 billion rubles at the end of H1 2019
RusAutoNewsCom.- As reported by the company press office, Kamaz has made a net loss of 3.2 billion rubles according to IFRS within the first half of 2019, in contrast
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