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Russian car dealers: “Our western partners are planning to reduce sales by 30%”

Kommersant – The sectoral experts predict that a third of Russian car dealers may face bankruptcy next year. Officials from Russian Car Dealers Union have told Kommersant FM that some

Commercial vehicles OEMs

Special purpose light commercial vehicles will be assembled on GAZ bodies in Crimea

RBK – The president of Crimean Republic: Sergei Aksyonov has announced GAZ Group’s plans to start LCV assembly in the region. GAZ Group press office has identified the project to

Suppliers

Bridgestone Russia will commence operations in summer 2016

Avtostat – Bridgestone Tyre Manufacturing C.I.S. general director Hiromi Tanigawa has announced that the rubber plant, which is being constructed in Ulyanovsk region, will commence operations in Summer 2016. Tanigawa

Market OEMs

Automobile prices may rise between 10%-25% in Russia in 2015

Autostat – According to the assessment of Autostat, in the event of stable exchange rates, an average increase of 10%-15% may be expected in automobile prices in Russia next year.

OEMs

Russian car production has shrunk by 24% in October

RusAutoNews.Com – According to data published by the Russian Federal State Statistics Service: Rosstat, 1.4 million automobiles have been manufactured in the country within the first ten months of the

OEMs

SEAT is leaving the Russian market

RusAutoNews.Com – According to Kommersant newspaper, due to the shrinkage in the market and the crisis environment, following Dodge, SEAT has also decided to end its sales in Russia. The

OEMs

General Motors Russia has denied the rumours on the closure the factory

RusAutoNews.Com – The management of General Motors Russia has strongly denied the rumours, speculating about the closure of the St. Petersburg factory due to political reasons. The press secretary of

Market

New car and LCV sales have shrunk by 9.9% in Russia in October

RusAutoNews.Com – According to data published by the Association of European Businesses (AEB), 211,365 new cars and light commercial vehicles have been sold in Russia in October. This is equivalent

Government Market

Russian Ministry of Industry and Commerce predicts 1.5% growth in automotive in 2015

TASS – Russian Ministry of Industry and Commerce predicts 1.5% growth in automotive in 2015.  Minister  Denis Manturov has stated that the country’s automotive sector is predicted to grow by 1.5%

Import Export

Russian automobile imports have fallen by 20% during the January-September period

RusAutoNews.Com – According to data published by the Federal Customs House (FTS), the number of automobiles imported to Russia has fallen by 19.7% year-on-year by the end of the first