During 12 months of 2010 Russian enterprises produced 150,400 domestic and foreign trucks, that is 65% more than a year ago. The production is still highly consolidated: three enterprises manufacture a little less than 80% of the cars. The share of GAZ is 47% of the total production in the country, the plant assembled over 70,000 commercial cars, that is 78% more than in 2009.
Financial capacity of the largest market in the country in the Moscow region has declined, but others could grow by tens of percent - mainly due to the replacement of low-cost cars by more expensive models, experts say.19 junemore info
The analytic agency "AUTOSTAT" conducted a study of the Russian market of new cars, which covered manufacturers from China. According to the results of the study, sales of new Chinese cars (according to the AEB, taking into account LCV) in February of 2017 were about 1.9 thousand units - less by 28% than a year ago.
Date of issue: 02.08.11
Format: A4, 238 pages
Price: 1 690 €
The global truck industry is today in recovery mode across the key developed markets with OEMs predicting considerable growth limited in NAFTA and Europe by their ability and the ability of the supply base to bring capacity back on-stream. Meanwhile the developing markets of China and India continue to exercise the industry in terms of both growth and appropriate product development.
However, the industry that is emerging from the global financial crisis has changed and is beginning its response to a broad range of big challenges. Sales volumes began a slow recovery during 2010, which is gathering pace through 2011, but the headline figures mask several underlying trends, some of which are rooted in the increasing regulatory burden, and some of which result from reshaping the business and responding to the challenges of profitability in a volatile market, preparing for the growing competition from Indian and Chinese OEMs.