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Market OEMs

Experts have warned against closure of up to six car factories in Russia

Vedomosti – A significant rise in demand should not be expected in Russian automobile market, according to BCG report. The market prediction of 3.5-4 million units per year by the

Market

Secondhand car market has shrunk only in the Siberian Federal District during the first quarter

Autostat – Analytical agency Autostat has conducted a survey of Russian secondhand passenger car market for the first quarter of 2016, covering the country’s federal districts. According to the results,

Market

Russian LCV market has grown for the first time since December 2014

Autostat – New LCV market has grown in Russia in March 2016, following consecutive months of decline since December 2014. 7000 vehicles have been sold, which indicates a 3.7% year-on-year

Market OEMs

St. Petersburg plants have sold 53,800 automobiles within the first quarter

RusAutoNews.Com – According to Auto-Dealer-SPb data, 53,857 automobiles, manufactured in St. Petersburg, have been sold during the first quarter of 2016. The figure indicates an 8% year-on-year decline. Demand has only

Government Market

Government support for the Russian automotive market has been extended

Vedomosti – The Russian government has extended the stimulation programme for automotive market in 2016 – fleet renewal (22.5 billion rubles allocated), induced car loans (11.3 billion rubles, including the

Commercial vehicles Market

KAMAZ has increased its sales by 13% in Russia during the first quarter

Autostat – KAMAZ has sold 4180 trucks within the first three months of the year. The sales figure for the same period of the previous year was 3700 units. Thereby,

Market

Second-hand car market has grown by 13.1% in March

Vedomosti – The Russian second-hand car market has grown by 13.1% year-on-year to 437,100 vehicles in March 2016, as published by Autostat. The growth rate in comparison with February 2016

Market

3900 new trucks and 7000 new LCVs have been sold in Russia in March

Autostat – According to Autostat data, 3900 new trucks have been sold in Russia in March 2016, which is equivalent to a 1.3% year-on-year decline. Russian manufacturer KAMAZ has remained

Market

Car imports fell by 49% by the end of the first two months of 2016

Autostat – Car imports to Russia have fallen by 48.7% by the end of the first two months of the year, to 28,700 vehicles. According to the Russian Federal Customs

Market

March 2016 car market decrease is 10% in Russia

RusAutoNews.Com  – Car market: In March 2016, sales of new cars and LCVs in Russia decreased by 10% compared to March 2015 or by 13 968 sold units, and amounted