OEM executives have declared their predictions at the Russian Automotive Forum

OEM executives have declared their predictions at the Russian Automotive Forum

RusAutoNews.Com – Executives from several OEMs participating in the Russian Automotive Forum in Moscow have announced their plans and predictions for the upcoming period.

The general director of Kaluga PSMA Rus factory: Jean-Christophe Marshal has told that the company keeps its faith in the market, despite the stark sales figures recorded by Peugeot and Citroen. Marshal has also underlined the localisation rate increase, as their priority for the forthcoming period. The current localisation rate is 35% in the factory. The rate is even lower for the PSMA partner: Mitsubishi.

The general director has put forward the localisation rate target until 2016 as 50% and added that the company is actively in search of local suppliers throughout Russia and CIS countries. The company administration intends to localise the supply of 185 components. Local suppliers have been found for approximately 100 of the aforementioned components. Marshal highlights the lack of high quality and local suppliers which provide competitive prices, as the main shortcomings of the Russian automotive.

15,914 Peugeot (-41.3%) and 16,630 Citroen (-30.7%) have been sold in Russia in 2014, according to Autostat data. The sales figures for the first two months of 2015 are as follows: Peugeot – 554 (-83%), Citroen – 606 (-80.4%).

AVTOVAZ chairman Bo Andersson was another participant in the forum. Andersson has announced plans to start the production of five new models within the next three years (2015-2017). These are: Lada Vesta sedan, XRAY hatchback, Vesta hatchback, XRAY Cross and the new generation 4×4.

The chairman of the light commercial vehicle manufacturer GAZ Group: Vadim Sorokin was one of the major participants in the forum. Sorokin predicts the LCV market to shrink between 40-47% in 2015. Sorokin’s market prediction is even more pessimistic for 2016: 70,000 vehicles.

However, the GAZ chairman has stated that the sales are expected to start increasing during the following couple of years and reach 105,000 in 2019. The 2020 figure is anticipated as 125,000.