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OEMs

The net loss of AVTOVAZ has exceeded 5 billion rubles

Auto Business Review – AVTOVAZ has declared 5.1 billion rubles net loss for the first three quarters of 2014. On the other hand, when third quarter-only is taken into consideration,

Government Import Export

Russian Ministry of Industry and Commerce: “We have no intention to ban car imports from EU and USA”

Interfaks – Upon a question from the press, Russian deputy minister of industry and commerce Andrei Dutov has replied that the banning of car imports from the European Union and the

Commercial vehicles OEMs

GAZ Group will start the production of gas-powered vehicles in 2015

Avtostat – GAZ Group has displayed the prototypes of compressed natural gas-powered and Euro-5 standard “Next” family vehicles for the first time. The serial production of GAZel Next and GAZon

Market

Russian new car and LCV market has shrunk by 20.1% in September

RusAutoNews.Com – According to the Association of European Businesses (AEB) data, 197,233 new cars and light commercial vehicles have been sold in Russia in September. This amount is equivalent to

Import Export

Car imports to Russia have fallen by 18.6% during the January-August period

Avtostat – According to Russian Federal Customs House data, the car imports to the country have fallen by 18.6% within the first eight months of the year, with 485,000 vehicles. The

Commercial vehicles OEMs

GAZ Group has started the sales of modernised Ural trucks

RusAutoNews.Com – GAZ Group affiliate Ural factory has started the serial production of Ural-M model trucks. The sales of the modernised trucks has started in Russia, as of today. Over

Aftermarket

Only a quarter of Russian used car market will be formed of domestic brands in 2018

Kommersant – According to Avtostat survey, in 2018 the share of domestic brands in Russian secondhand car market will be maximum 25%. The analysts talk about a number of different scenarios,

OEMs

Hawtai Motor intends to establish a car factory in Russia

Vedomosti – Officials from Chinese car manufacturer Hawtai Motor have announced their intention to invest $1.1 billion in the establishment of a factory in Russia, with an annual vehicle production

Commercial vehicles Market

Truck sales have declined in Russia during the January-August period

Kommersant – Truck sales continue declining in Russia, as well as car sales. According to data published by the Ministry of Industry and Commerce, 62,700 trucks have been sold in

Uncategorized

AVTOVAZ has suspended the production of all models except Largus

Kolesa.ru – AVTOVAZ has suspended the production of all models except Largus between 1-5 October, in order to optimise the stocks. According to information obtained, there are currently 54-55,000 automobiles