Russian vehicle production has increased by 19% within the first half of 2017

Russian vehicle production has increased by 19% within the first half of 2017

ASM Holding – Russian vehicle production has increased within the first half of 2017. According to ASM Holding data, 728,853 transport vehicles (trucks, cars, buses) have been manufactured in Russia within the January-June 2017 period, which is equivalent to a 19.1% year-on-year rise.

Passenger cars production has increased by 19.4% during the aforementioned period y/y, with 642,950 units. The production of foreign brand cars in Russia went up 21.5% to 480,3 thousand vehicles.

LCV production has also grown in the same period, by 9.9% to 53,8 thousand units.

Truck production, including light trucks, has risen by 16.6% by the end of the first six months of 2017, amounting to 67,9 thousand units. The output  of foreign brand trucks in Russia went up 73.4% to 10 thousand units.

Bus production, including microbuses, has increased by 16.7% during the aforementioned period, with 18,2 thousand units. The output of foreign brand buses in Russia went up 1.9% to 4,6 thousand units.