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
Truck market depends on car lending and leasing availability greatly, that is why the beginning of the crisis resulted in sales decrease in all truck segments in the second half of 2008, which caused the drop in production.
Import of cars to Russia grew by 1.8% to 11.2 thousand vehicles in January. According to the Federal Customs Service (FTS) of Russia, during the reporting period, cars were imported to Russia for a sum of $ 297.8 million. At the same time, 10.7 thousand cars were imported from foreign countries for $ 290.8 million, from the CIS countries - about 500 cars worth $ 7 million.
Imports of trucks grew 2.2 times up to 1,100 cars worth $ 108.4 million in the last month. Among them, about 900 trucks worth $ 37.7 million were shipped from non-CIS countries, the rest 200 vehicles for $ 70.7 million from the CIS countries.
Export of cars from Russia in January grew almost 2.5 times and it was 3.7 thousand units for a total sum of $ 51.9 million. At the same time, 1.5 thousand cars were sent to non-CIS countries for $ 20.8 million, to the CIS countries - 2.1 thousand cars worth $ 31.1 million.
Exports of trucks grew 3.5 times - to about 700 cars worth 17.5 million dollars. To the foreign countries, it was delivered 400 trucks for 11 million dollars, to the CIS countries - 300 vehicles for 6.5 million dollars.