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The report in focus

Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Exit date 03.04.2020

Format PDF

Price 850 eur.

In the report commercial vehicle market is traditionally subdivided into segments: light commercial vehicles (LCV), medium-duty vehicles (MCV), heavy-duty trucks (HCV) and buses (BUS).

03 april 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

The choice of the car owner: the official dealer or an independent service station?

News

According to state programs it was sold 275,000 vehicles since the beginning of the year

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In Russia, due to the various programs of state support and stimulate demand it was sold about 275 thousand cars among produced 499,000 cars of this year, said Deputy Minister of Industry and Trade of the Russian Federation, Alexander Morozov, at the meeting of the Expert Council for the innovative development of the automotive industry and specialized equipment at the State Duma Committee on Industry.

According to the agency "Finmarket", the cumulative effect of the measures to support demand was 275,346 sold vehicles. So, 112,028 vehicles were sold under the program of preferential car loan, 172,686 - by the program of car market update, 16063 – by the program of preferential lease. At the same time among the total number it was sold 24192 cars on credit with subsidized rate and the discount on the program of parc renovation, 1239 - by the program of preferential lease with a discount by the program of parc renovation (the sum of individual items is higher than the total, as the part of cars was sold with the using of several programs simultaneously).

According to Mr. Morozov, it permitted to reduce the drop rate of the Russian market of cars up to 14% by the results of 5 months compared with the last year against minus 40% in 2015.

By speaking about the prospects, Mr. Morozov expressed the hope that the second half of the year "will be even more successful than the last months of the program implementation for us, and I would like that we finally pushed from the bottom". "We will see by the results of the implementation, at least by the results of the third quarter - the picture will already more or less clear", - he added.

According to the Association of European Businesses (AEB), sales of passenger cars and LCV decreased by 14.5% to 107,665 units in Russia in May. In January-May of 2016 it was sold 548 119 vehicles, which is less by 14.7% than in the same period of the last year.

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