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Government OEMs

Car manufacturers were allowed extension to the completion period of localisation obligations

Gazeta.ru – The car manufacturers, making production in Russia under the terms of the industrial assembly agreement, have received extension to the fulfillment period of obligations on localisation. “Car manufacturers were

OEMs

St. Petersburg automotive industry has shrunk by 18% in April

Auto-Dealer-SPb – According to Auto-Dealer-SPb data, Hyundai, Nissan and Toyota plants in St. Petersburg have manufactured 79,800 vehicles within the January-April 2016 period, which is equivalent to a 21% decline. The

Market

PwC: “Russian automotive market will start to recover in 2017”

RusAutoNews.Com – The Russian automotive market will start to recover from 2017 onwards and reach a volume of 2.1 million new passenger cars by 2020, as predicted by PwC. “As is known,

Market

Russian secondhand car market has grown by 16.5% in April

Autostat – According to analytical agency Autostat data, nearly 480,000 second-hand cars have been sold in Russia in April 2016, which indicates a 16.5% year-on-year increase. Russian brand LADA has

Market

New truck market has grown by 14% in April

Autostat – According to Autostat data, approximately 4400 new trucks have been sold in Russia in April 2016, indicating a 14% year-on-year increase. This is the first period of market

OEMs

Sollers has made a net profit of 3.1 billion rubles in 2015

Autostat – Sollers Group has generated a revenue of 38.3 billion rubles in 2015, down from the 47.9 billion rubles in 2014. The EBITDA (Earnings Before Interest, Taxes, Depreciation and

OEMs

Passenger car production fell by 25% in Russia by the end of four months

Interfax. – 345,000 passenger cars have been manufactured in Russia during the January-April period, which is equivalent to a 25.1% shrinkage in comparison with the same period of the previous

OEMs

Avtotor plans to maintain the production levels in 2016

RusAutoNews.Com – Russian company Avtotor plans to manufacture 92,000 automobiles in 2016, as told by the board of directors representative Valery Gorbunov, during the launching ceremony of the production of

Market OEMs

KAMAZ sales have increased by 30% by the end of four months

RusAutoNews.Com – KAMAZ has sold 6470 trucks home and abroad during the first four months of 2016 (+30%). The share of KAMAZ in the Russian market has risen from 54%

Market

This year in January—April 440.583 cars were sold in Russia

AEB – In April 2016, sales of new cars and light commercial vehicles in Russia decreased by 8,5% compared to April 2015 or by 11 269 sold units, and amounted