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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

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News

"Ural" will keep the production, by increasing exports in 2015

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The car plant "Ural" of "GAZ Group" plans in 2015 to produce about 8,000 trucks, said the managing director of the company, Viktor Kadylkin. "Plus [compared to the year 2014] 100 cars, but I do not think this is some kind of a big increase," - he said.

According to the newspaper "Vedomosti", in January-July of 2015 the Russian truck market declined by 46%, sales of "Ural" - by 39%, according to the agency "AUTOSTAT". The fall of the market and sales of "Ural" in Russia is expected at the end of the year, but export growth will help to keep the production at the level of 2014, says a representative of "GAZ Group". In addition, state contracts support traditionally manufacturers of commercial vehicles in the IV quarter, reminded the analyst of "VTB Capital", Vladimir Bespalov.

According to Mr.Kadylkin, now exports of «Ural» are 35% of total sales of the plant. More than 94% of sales of "Ural" in foreign countries are in Egypt, and for the year the share of the country increased by 21 percentage points, according to the data of "ASM-Holding".

Total production of "Ural" is delivered to 12 countries; in 2016 their number will increase to 20, said Mr.Kadylkin. "We look at the markets of Iraq and Iran, they also begin to unfold”, - he brings examples. – It was traditionally our markets, so we plan to go back the next year. "However, total exports of «Ural» in 2016 are likely to remain the same, adds Mr.Kadylkin. Entering new markets, as a rule, does not give rapid sales growth, commented the representative of "GAZ Group": it is necessary to build a system of sales, to form stocks.

The largest Russian producer of trucks is increasing KAMAZ exports. This year the foreign supply of the plant will increase by about 10% to 7,000 units, said the general director of the plant, Sergey Kogoghin. But it does not compensate the sales falling in Russia for a while. According to the forecast of the company, in 2015 it will be sold 28-29 thousand trucks - by a quarter less than a year earlier. In 2016, exports increased even more - the weak ruble favors it, said a representative of KAMAZ. Export development also allows us to make the business model more sustainable, says Mr.Bespalov.

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