New record: The share of Russian assembly automobiles has risen to 82%

New record: The share of Russian assembly automobiles has risen to 82%

Autostat – According to Autostat data, the share of locally assembled vehicles in Russia has reached 82.2% within the first 8 months of 2017. This is the highest level in the history of the Russian automobile market. The share has risen by almost 2.5 percentage points in comparison with 2016 (up from 79.8%). Russian assembly automobiles formed less than two-thirds of the market five years ago (64.1% in 2012) and less than half of the market 10 years ago (44.3% in 2008).

Almost all key players have their own production facilities in Russia now, alongside a preferential mode of industrial assembly or other preferences, according to the director of Autostat: Sergei Tselikov. At the same time, the ruble, which lost value against all key world currencies, has made the direct imports of cars less profitable. Only niche brands or models are being imported to the country currently.