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Commercial Vehicle Market in Russia. Results of 2017, Trends and Prospects

Commercial Vehicle Market in Russia. Results of 2017, Trends and Prospects

Exit date 01.03.2018

Format PDF

Price 850 eur.

We introduce the update of marketing report "Commercial Vehicle Market in Russia. Results ...

01 march more info

Analytics

Year 2017 ends with 11,9% car sales market increase

In 2017 new car and LCV sales increased by 11, 9%.

13 marchmore info

Infographics

Opel and Chevrolet in Russia: history at a Glance
  • 02.04.15 Opel and Chevrolet in Russia: history at a Glance

    During the production time (from 2002 to 2014, inclusively) of Opel and Chevrolet, it was assembled in Russia more than 1.5 million vehicles of these brands. Since 2002 it was assembled at “GM-AvtoVAZ" 608.7 thousand units, since 2004 at "Avtotor" (574.1 thousand units) and since 2008 at the "General Motors" (341.6 thousand units).

    Archive

News

Losses of industrial assembly enterprises will be compensated

State Duma passed the law “About State support for manufacturers of motor vehicles and units and aggregates for them”, introduced by government of Russia.

RBK informs that according to the document the state undertakes for compensation of losses for the companies operating under industrial assembly regime. It is expected that automotive manufacturers might have these losses after 1 July 2018 in case of rise in import duties under the WTO rules.

Moreover, the state will support OEMs “if Federal laws and (or) other legislative acts of Russia, imposing compulsory payments to Federal budget (aside from taxes), increasing their sum or changing schemes of payments to Federal budget or repealing benefits under these payments, come into effect till 1 February 2014”.

Under this law the State guarantees compensation of possible expenses of automotive manufacturers in 2018 -2020 from Federal budgets. Conditions, amount, terms and scheme of granting of subsidies will be defined by the government of Russia. This law is necessary to fulfil liabilities of Russia under agreements about industrial assembly regime.

We should remind that agreement about new industrial assembly regime with Ministry of Economic Development of Russia was signed by four automotive manufacturers: AVTOVAZ-Renault-Nissan-IzhAvto and KAMAZ-Mercedes consortium, JV Ford Sollers, Volkswagen and General Motors.

05.07.13 AA "AUTOSTAT"
Source: www.autostat.ru