The report in focus

Truck component and spare part market in Russia

Truck component and spare part market in Russia

Exit date 09.07.2018

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AUTOSTAT analytic agency presents the report “Truck component and spare part market in Russia”, covering results of 2017.

09 july more info

Analytics

Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

Infographics

Price segmentation of the Russian car market in 2017

News

Great Wall together with "Irito" will build a car plant in Lipetsk

Great Wall Hover H3

The biggest private car producer of China, Great Wall is going to join to the project of car plant construction in Lipetsk, which is being finished by its Russian partner – company “Irito”. 

As «РBК daily» wrote with referring to its sources, the plant in Lipetsk was almost finished and Hover SUVs were planned to be produced there. The planned production volume is 30 thousand cars per a year and investments are 100 million dollars. “The project is invested only by Russian party yet. Chinese will finance it later”, - underlined the source of “RBK daily”. 

At the present time models Great Wall Hover and SUV G5 are assembled in the settlement Gzhel near Moscow. Thereby, welding, treatment and colouring of bodies for Hover are implemented in Cherkessk plant “Derways” from 2010. By the words of sources, the body production of Great Wall in “Derways” won’t be need with the launch of new plant in Lipetsk.

Great Wall has already announced plans about the plant creation in Russia, thereby, by the words of General Manager of Russian subdivision of Great Wall, Wang Peng, the decision could be taken till the end of 2013. “The nearest plan of company is the construction of plant, more likely, it will be the joint venture with Russian partners of company”, - he said.

“It is unlikely that they will produce 30 thousand cars per a year. More likely, the production of maximum of 10 thousand units will be. The company made a good choice as Hover is really quite popular in Russia”, - says the independent expert by Chinese car industry, Evgenii Mezhov. “Great Wall and “Irito” cooperate for a long time and it is logical if they will organize the joint venture. Chinese are afraid to develop independently in the Russian market”, - supposes the General Manager of Auto-Dealer.Ru, Oleg Datskiv.

Several years ago Chinese concern has already promised to invest about 100 million dollars in the assembly enterprise creation in Yelabuga but Chinese refused the project as they didn’t receive the support of authorities.

 

27.04.12 AUTOSTAT
Source: eng.autostat.ru