The report in focus

Passenger car component and spare part market in Russia

Passenger car component and spare part market in Russia

Exit date 14.07.2016

Format PDF

Price 1690 eur.

 

 

 

14 july more info

Analytics

Russian new car market grew in 2013 in monetary terms

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

Infographics

Structure of passenger car production in Russia in 2010

News

Renault received the absolute control over plant "Avtoframos"

 

By the results of auction the company Renault bought about 5,9% of shares of “Avtoframos” from the government of Moscow. As a result of deal Renault became the owner of 100% of shares of this enterprise. The share of capital authorities in “Avtoframos” was received by Renault at the start price - RUB 1,980,000,000 (about € 49,000,000).

The plant “Avtoframos” was created in 1998 on the parity basement as the joint venture of Renault and Moscow city. In 2004 Renault bought 26% of shares that were belonged to Moscow and in 2006 the share of Renault group in capital of “Avtoframos” was increased to 94,1% by the results of corporative re-organization. 

In 2005 it was opened the plant of full cycle in Moscow, its capacities were doubled in 2010 to 160,000 cars per a year. Renault invested about € 480,000,000 in the development of plant in Moscow. At the present time Renault produces six models in the Russian plant: Logan, Sandero, Fluence, Duster, Latitude and Koleos. The work over production capacities increasing to 188,000 cars per a year is being continued. 

 

 

30.11.12 AUTOSTAT
Source: www.autostat.ru