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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

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 car market in Russia in the first half of 2018

News

"Sollers" received 3.1 billion Rubles of net profit in 2015

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"Sollers" group received 38.3 billion Rubles of revenue in 2015 against 47.9 billion Rubles a year before. The EBITDA fell to 4.0 bln. Rubles against 4.3 bln. Rubles in 2014. EBITDA margin by the end of 2015 was 10.5% (9% in 2014), informed the press service of "Sollers". Operating profit for this period was 3.0 bln. Rubles, the net profit of the group "Sollers" by the results of 2015 rose to 3.1 bln. Rubles. The net profit for the previous year also includes the excess of the cost of the option for a share sale in Ford Sollers joint venture over the amount of impairment of investment in joint venture in the amount of 2.2 bln. Rubles.

As it was noted, on the background of a significant drop in the Russian automotive market in the past year and a decrease of revenues of the "Sollers" due to the reduction of SsangYong SUV sales volumes, the company's main brand - UAZ, on the contrary, showed a significant strengthening of the competitive position by the results of 2015. In particular, the share of UAZ off-road vehicles on the market (including pickup trucks) rose from 3% in 2014 to 5% in the last year, the share in the market of light commercial vehicle was 24% against 17% in 2014.

"The results in 2015 reflect, above all, the high stability and growth of competitiveness of UAZ business, which is now an investment priority of the company" Sollers ". Also, since the launch of new products at the Ford Sollers joint venture in 2015, we see the stable positive dynamics of sales and a substantial increase in the market share of the brand Ford”, - said the first deputy general director of "Sollers", Nikolai Sobolev.

Tags: sollers
24.05.16 AA "AUTOSTAT"
Source: www.autostat.ru