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Commercial vehicles Market

The decline in commercial vehicle sales continues in Russia

Kommersant. – The decline in truck and LCV sales is gaining momentum in Russia. According to Autostat data, the decline in LCV sales has risen to 43% in April, from

Commercial vehicles Suppliers

Cellino has established a car component factory in Kaluga – Italian Cellino S.r.l affiliate SMK has opened its first production facility, which will manufacture car components in Kaluga. The factory will manufacture aluminium petrol tanks for trucks at

Commercial vehicles Government

St. Petersburg administration has asked the government to reduce the tariffs implemented on components used in truck assembly

TASS – St. Petersburg city administration has asked the Russian Federation Ministry of Industry and Commerce for the reduction of the tariffs implemented on the components used in truck assembly

Commercial vehicles Park

Russian LCV park has grown by 3.1% in 2014

Autostat – According to Autostat data, the Russian LCV park has reached a magnitude of 3.95 million vehicles in 2014, following a 3.1% increase. The number of foreign light commercial

Commercial vehicles OEMs

Mitsubishi Fuso has stopped truck production in Russia

TASS – Mitsubishi Fuso Truck and Bus Corp (MFTBC) has stopped truck production in Russia, due to falling demand and the depreciation of the rouble. The company press office has

Commercial vehicles Market

Russian truck market has shrunk by a half in March 2015

Autostat – According to Autostat data, truck sales have shrunk by 49,7% in Russia year-on-year in March 2015, with 4000 vehicles. The shrinkage rate for the first quarter is 40,6%

Commercial vehicles OEMs

MAN has suspended production for two months in its St. Petersburg factory

Prime – MAN Trucks and Bus Production Rus has suspended truck production in St. Petersburg plant due to falling demand, as of 1 March. The operations will resume on 12

Commercial vehicles OEMs

KAMAZ and Palfinger have established two facilities in Russia

Prime – Russian truck manufacturer KAMAZ and Austrian crane manufacturer Palfinger AG have established two facilities in Russia. According to the statement made by KAMAZ, the first facility will operate

Commercial vehicles OEMs

Mercedes-Benz Vostok and Fuso KAMAZ Trucks Rus are merging – European Commission’s competition authority has approved the agreement between KAMAZ and and Daimler AG, proposing the merger of Mercedes-Benz Vostok and Fuso KAMAZ Trucks Rus. The parties had

Commercial vehicles OEMs

Volvo Trucks is discontinuing production at Kaluga factory

Autostat – Swedish truck manufacturer Volvo Trucks has decided to discontinue production at its Kaluga factory, as of 11 February. No information has been given, as to when the operations