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Government Market

11,000 vehicles have been sold in three weeks within the scope of the utilisation programme

Vedomosti – Russian Ministry of Industry and Commerce officer Alexander Morozov has announced that 10,937 vehicles have been sold within the scope of the utilisation programme, between 1-21 September. 85% of

Market OEMs

VEB will finance AVTOVAZ and IzhAvto

NAPI – Russian bank VEB will give 30 billion rubles credit to AVTOVAZ and AVTOVAZ affiliate: United Automobile Group (OAG). The aforementioned amount will be used in the modernisation of

Commercial vehicles Market

Yekaterinburg car and LCV market has shrunk at a record level in August

RusAutoNews.Com – According to Auto-Dealer-Yekaterinburg data, 50,605 new cars and light commercial vehicles have been sold in Yekaterinburg within the January-August period (-18%). August sales figure is 5519 vehicles. Thereby, the

OEMs

The president of Ford Sollers does not expect a recovery in the Russian market until 2017

Gazete.ru – The president of Ford Sollers: Ted Cannis has told Gazeta.ru that the polical and economic instabilities will have negative effects on the Russian automobile market during the course

Park

The magnitude of Russian vehicle park has exceeded 48 million

RusAutoNews.Com – According to Avtostat data, as of today, the magnitude of Russian vehicle park has exceeded 48 million. The breakdown of the total figure is as follows: 40.2 million

Commercial vehicles

Russian LCV market has shrunk by 30% in August

Avtostat – 10,600 new light commercial vehicles have been sold in Russia in August. Thereby, the market has shrunk by 30%, in comparison with August 2013. Such a high shrinkage rate

OEMs

St. Petersburg car production has been on the decline for four months

RusAutoNews.Com – According to Auto-Dealer-SPb data, St. Petersburg based Toyota, GM, Nissan and Hyundai factories have manufactured 242,600 automobiles within the first eight months of the year (-4%). Thereby, the share

Market

St.Petersburg car market has shrunk by 24% in August

RusAutoNews.Com – According to Auto-Dealer-SPb data, 121,369 new cars and light commercial vehicles have been sold in St. Petersburg within the first eight months of the year (-7% y/y). The

OEMs

GM will lay off 500 workers from its St. Petersburg factory

RusAutoNews.Com – The representative of St. Petersburg GM factory has announced that the number of shifts will be reduced to one, as of October. In addition, the production will be

OEMs

Car production in Russia has declined by 38.3% in August

RBK – According to Rosstat data, Russian car production has gone down by 38.3% in August, in comparison with the previous year. The shrinkage rate for the first eight months of