Car production has risen by 4.1% in May

Car production has risen by 4.1% in May

RusAutoNews.Com – According to Rosstat data, 434,000 passenger cars have rolled off Russian production lines within the first five months of 2016, which is equivalent to a 20.4% year-on-year increase. In the meantime, 89,000 vehicles have been manufactured in May, indicating a rise of 4.1%.

It should be noted that some Russian car plants have suspended production last month, due to May holidays (AVTOVAZ, LADA Izhevsk, PSMA Rus, Russian branches of Toyota and Renault).

With regards to foreign car assembly, Avtotor has launched three new Hyundai models: Genesis, Santa Fe Premium and the renewed Elantra. In addition, AVTOVAZ has resumed the production of Datsun vehicles after the May holidays, which was suspended since mid-March, due to component problems. The 60,000th Ford Mondeo sedan has rolled of the production line at Ford Sellers Vsevolozhsk plant, since the start of the production of the model in Russia in March 2009.

46,100 trucks have been manufactured within the January-May period, indicating a 0.5% growth. Truck production has shrunk last month, on the other hand, by 25.2% to 8200 units.

Bus production went down by 4.2% to 12,300 vehicles in Russia, by the end of the first five months of 2016. Bus factories have manufactured approximately 3000 vehicles in May, following a 5.8% decline in comparison with the year before.