Avtovaz’s prediction for Russian car market in 2013: 3 million

Avtovaz’s prediction for Russian car market in 2013: 3 million

Finmarket – Avtovaz has estimated that the Russian car market will reach 3 million vehicles in 2013. As one may remember, AEB had announced its prediction for the year 2012 as 2.8 million vehicles.

Accordingly, the prediction of Avtovaz for the year 2013 corresponds to an anticipation of a growth of 7.1%, in comparison with the 2012 prediction of AEB.

In the meantime, the market share target of Avtovaz has been declared as 19-20% in the company publications. To be able to achieve such a rate, the company needs to reach a sales figure of 570-600,000 vehicles in 2013.