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Commercial vehicles OEMs

Mitsubishi Fuso has stopped truck production in Russia

TASS – Mitsubishi Fuso Truck and Bus Corp (MFTBC) has stopped truck production in Russia, due to falling demand and the depreciation of the rouble. The company press office has

Government

Russian government will allocate 128 billion rubles for automotive this year

TASS – The amount allocated by the government of Russian Federation for the support of the automotive sector in the country will increase gradually, with the new programmes announced. The

OEMs

Car production has shrunk by 18.8% in Russia in March

RusAutoNews.Com – According to Russian Federal Institute of Statistics: Rosstat data, 355,000 automobiles have been manufactured in the country, within the first quarter of 2015 (-19.7%). March production figure is

Commercial vehicles Market

Russian truck market has shrunk by a half in March 2015

Autostat – According to Autostat data, truck sales have shrunk by 49,7% in Russia year-on-year in March 2015, with 4000 vehicles. The shrinkage rate for the first quarter is 40,6%

OEMs

IzhAvto has increased production by 80% in March

Interfax – Izhevsk Car Factory (IzhAvto) has manufactured 9300 automobiles in March. This is equivalent to an 80% year-on-year increase. The press office of the factory has informed Interfaks that

Market

Second hand car sales fell by 24% in Russia in March

RusAutoNews.com – According to Autostat data, 386,500 second hand automobiles have been sold in Russia in March (-24.3%). Thereby, the number of second hand vehicles sold during the first quarter

Commercial vehicles OEMs

MAN has suspended production for two months in its St. Petersburg factory

Prime – MAN Trucks and Bus Production Rus has suspended truck production in St. Petersburg plant due to falling demand, as of 1 March. The operations will resume on 12

OEMs

Americans are at the helm of Ford Sollers

RusAutoNews.Com – Ford Motor Company has taken the control of the Ford Sollers partnership, following the signature of an agreement between the parties on 31 March. According to company documents, although

Market

Russian car market has shrunk by 42.5% in March

RusAutoNews.Com – According to the Association of European Businesses (AEB) data, 139,850 new cars and light commercial vehicles have been sold in Russia in March. Thereby, the sales have shrunk by

OEMs

Mitsubishi will have increased the localisation rate to 30% by the end of the year

Vedomosti – MMS Rus chairman Naoya Takai has told Vedomosti newspaper that Mitsubishi will increase the localisation rate of the automobiles manufactured in Russia to 30% until the end of