According to KAMAZ, Russian truck market will hit the bottom in 2015

According to KAMAZ, Russian truck market will hit the bottom in 2015

RBK – The head of KAMAZ Strategic Development Department: Igor Savelyev predicts that the 14-40 tonnes truck market will hit the bottom in 2015 and recover to an average growth trend of 3-7% from 2016 onwards. According to Savelyev, demand increase will be triggered in the market thanks to several infrastructure projects, within the forthcoming years.

Savelyev has added that the strategic development programme has been revised at the end of 2014 and the sales target for the year 2020 has been pulled down to 60-70,000 vehicle from 80,000, accordingly. KAMAZ aims for a market share of 20-30%.