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Government Market

Russian government has allocated 25 billion rubles for the support of automotive sector

Vedomosti – The government of Russian Federation has allocated 25 billion rubles, in order to promote the automotive sector in the country. The aforementioned package covers areas such as; the

Government Market

Russian government has extended the period of the automobile utilisation programme

Interfax – Russian prime minister Dmitri Medvedev has signed the bylaw, extending the validity period of the automobile utilisation programme until the end of 2015. As reported by Interfaks, 3

Market

St. Petersburg automobile market has shrunk at a record rate in February

RusAutoNews.Com  – St. Petersburg automobile market has shrunk at a record rate in February. According to Auto-Dealer-SPb data, 17.875 new cars and light commercial vehicles have been sold in St.

Market

Buses sell better than cars in Russia

Autostat – 1600 new buses have been sold in Russia within the January-February 2015 period. The sales have only shrunk by 5% year-on-year. According to Autostat data, the shrinkage rate

Market

Autostat: “Russian automobile market may shrink by 55% in 2015”

Vedomosti – The Autostat representative, who spoke at the “Russian Automobile Market: Results and Predictions 2015” conference, predicts the annual automobile sales figure for 2015 -excluding the light commercial vehicles-

Market

PricewaterhouseCoopers: “Russian automobile market will shrink by 25-35% in 2015”

AutoBusiness Review – According to the prediction announced by PricewaterhouseCooper, the Russian automobile market will shrink between 25-35% in 2015, excluding light commercial vehicles. The automobile sales figure will be

Market

Russian vehicle market has shrunk by 24.4% in January

RusAutoNews.Com – According to Association of European Businesses (AEB) data, 115,390 new automobiles and light commercial vehicles have been sold in Russia in 2015. Thereby, the market has shrunk by 24.4%

Commercial vehicles Market

According to KAMAZ, Russian truck market will hit the bottom in 2015

RBK – The head of KAMAZ Strategic Development Department: Igor Savelyev predicts that the 14-40 tonnes truck market will hit the bottom in 2015 and recover to an average growth

Commercial vehicles Market

LCV sales have fallen by 15.4% in Russia in 2014

Kommersant – According to Autostat data, new light commercial vehicle sales have fallen by 15.4% in Russia last year. 139,600 vehicles have been sold. As one may remember, according to

Market

The share of Chinese brands in Russia has remained below 3.5% in 2014

ABReview – Chinese brands had 3.3% share of the Russian market in 2014. This ratio was 3.8% in 2013. Nine Chinese brands are being sold in the Russian market. The