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The report in focus

Automotive Industry In Russia. Results of 2019. Prospects

Automotive Industry In Russia. Results of 2019. Prospects

Exit date 02.06.2020

Format PDF, 55 стр.

Price 960 eur.

report contains information on automotive vehicle production in Russia, particularly passenger cars and commercial vehicles

02 june more info

Top news

The average age of passenger cars in Russia is 13.6 years 22.09.20 - 12:12 The average age of passenger cars in Russia is 13.6 years

The “youngest” cars in the country are located in the Volga region

Infographics

What will be the fall of the Russian LCV market in 2020?

Forecast-for-light-commercial-vehicles-market-in-Russia.png

Unlike the car market, sales of light commercial vehicles in the Russian Federation may fall even more. This opinion was expressed by the director of the analytical agency AUTOSTAT Sergey Tselikov during the online conference “AUTOSTAT AnalyticDay: forecast of the car market 2020 in the face of uncertainty”.

According to him, the market of commercial vehicles is falling stronger and deeper, and to a much greater extent it depends on state support programs. Therefore, depending on the development scenario, the market of new LCVs this year may fall by 35 - 55%.

Thus, its volume may be 50.5 - 72.9 thousand units, which will be noticeably lower than the “pit” of 2015-2016. Recall that the LCV market was at the level of 93 thousand units at that time, and then grew for the next three years.

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