The decline in St. Petersburg automotive has decelerated in May

The decline in St. Petersburg automotive has decelerated in May

RusAutoNews.Com – According to Auto-Dealer-SPb data, Toyota, GM, Nissan and Hyundai factories established in St. Petersburg have manufactured 125,600 automobiles in total within the January-May period (-24%). The year-on-year production has declined by only 14% in May, with 24,900 vehicles. 24,900. Thereby, on a monthly basis, the total production of the city’s factories has declined by less than 20%, for the first time this year.

The agency officials have come to the conclusion that the shrinkage dynamics have started to decline, comparing the current rate of 24% with the 27% recorded during the first quarter.

The share of the four factories in the city within the Russian automotive has been calculated as 20.1% for the first quarter, 21% for the first four months and 22.1% for the January-May period.

12 models are being manufactured at Toyota, GM, Nissan and Hyundai factories: Chevrolet Captiva, Cadillac ATS, Cadillac CTS, Cadillac SRX, Cadillac Escalade, Nissan Teana, Nissan X-Trail, Nissan Murano, Nissan Pathfinder, Toyota Camry, Hyundai Solaris and KIA Rio.