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PwC: “Russian automobile market will shrink by 8-12% this year”

A1Perform – According to PricewaterhouseCoopers’ prediction, the shrinkage rate in Russian automobile market will rise to 8-12% during the second half of the year, from the first six months’ 7%. In

Government Market

Russian Ministry of Industry and Commerce is planning to revive the Automobile Renewal Programme

RBK – The Russian Minister of Industry and Commerce: Denis Manturov has announced plans to revive the renewal plans for shipping and aviation sectors, as well as the automotive sector, in

Suppliers

Japanese Unipres is opening a factory in St. Petersburg

NAPI – Russian Etalon Group affiliate Etalon Promstroy and Japanese Unipres Corporation have signed an agreement, proposing the establishment of an automobile supply industry factory in St. Petersburg. The facility, which

OEMs

Nissan has doubled its production in Russia within the first six months

ITAR-TASS – Nissan has increased its production by 90% in Russia during the first half of 2014, with 42,400 vehicles. The production has partly been made at the manufacturer’s factory

Market OEMs

VW Russia has manufactured 104,000 automobiles within the January-June period

Autostat – Volkswagen Group Rus has manufactured approximately 104,000 automobiles in VW Kaluga and Nizhni-Novgorod GAZ factories, during the first six months of the year. The company’s press office has highlighted

OEMs

Production has declined by 2.7% at Avtotor during the first half of the year

Avtostat – Kaliningrad based Avtotor factory has manufactured 111,600 automobiles during the first six months of 2014 (-2.7%). Thereby, the company has lost its position as “the factory which manufactures the

Market

Yekaterinburg automobile market has shrunk by 15% during the first six months

RusAutoNews.Com – According to Auto-Dealer-Yekaterinburg agency data, 39,208 new cars and light commercial vehicles have been sold in Yekaterinburg during the first half of the year (-15%). June-only sales figure is

Market

Daimler: “Russian vehicle market will continue to shrink due to the sanctions and recession”

RusAutoNews.Com – Daimler is not optimistic about the Russian economy and automotive. According to Reuters, the German car manufacturer Daimler has published in its latest report the forecast that the

OEMs

Avtovaz will start the production of Lada X-Ray and Lada X-Ray Cross models in 2016

Finmarket – The President of Avtovaz Bo Andersson has announced that the production of Lada X-Ray and X-Ray Cross models will start in 2016. Andersson has declared the aim of AvtoVAZ

OEMs

PSMA Rus Kaluga factory has manufactured 25,000 automobiles within the first six months

Avtostat – Kaluga based PSMA Rus factory has manufactured 24,975 automobiles within the first six months of 2014 (-0.1%). 8742 of the automobiles manufactured belong to Peugeot 408 and Citroen C4