Isuzu plans to double truck production in Russia

Isuzu plans to double truck production in Russia

Vedomosti – Isuzu wants to double its truck production in Russia, told the general director of Isuzu Rus: Fabrice Gorlier: “We expect to double our current annual truck production figure of 2500 units within the next 1.5-2 years” (as quoted by TASS).

Isuzu currently manufactures 5-18 tonnes gross weight trucks at UAZ premises. The trucks are sold in Russia, Belarus and Kazakhstan, to be followed by Azerbaijan in 2017 and the share of exports has reached 5%, as told by an Isuzu representative to Vedomosti. The 30% localisation rate of trucks goes even higher in vehicles with optional equipments. The company intends to increase localisation in future.

The model range will expand at the end of 2016, with the addition of heavy trucks. “It’s an important new segment and a large market” – said Gorlier. The assembly of Isuzu D-Max trucks will also be localised, which are currently being imported. “Depending on the success of the output (in the market), we will go ahead with production” – said the representative to Vedomosti.

Heavy truck sales in Russia have been on the road to recovery since March 2016, following two years of shrinkage, according to KAMAZ data. The total number of truck sales is on the rise since April, as stated by Autostat. 892 new Isuzu trucks have been registered in Russia within the first half of 2016, which indicates a 19% year-on-year shrinkage. The brand occupies the fifth place in sales rankings, behind KAMAZ, MAZ, GAZ and Ural.