Automobile production has increased by 19% within the first eight months of 2017

Automobile production has increased by 19% within the first eight months of 2017

ASM Holding – According to ASM Holding data,  960.522  transport vehicles (trucks, cars, buses) have been manufactured in Russia within the January-August 2017 period, which is equivalent to a 19,5% year-on-year rise.

Passenger Car production has increased by 19,4% during the aforementioned period y/y, with 845,5 thousand units. The production of foreign brand cars in Russia went up 22,9% to 635 thousand vehicles.

LCV production has also grown in the same period, by 4,1% to 70,5 thousand units.

Truck production, including light trucks, has risen by 14,4% by the end of the first eight months of 2017, amounting to 90,7 thousand units. The production of foreign brand trucks in Russia went up  85,8% to 14,5 thousand units.

Bus production, including microbuses, has increased by 4,2% during the aforementioned period, with  24,6 thousand units. The production of foreign brand buses in Russia went up 3,3% to 6,3 thousand units.