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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


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


Leaders of the car market in August of 2018
  • 14.09.18 Leaders of the car market in August of 2018

    In August of this year, the sales of passenger cars and LCV in our country were 147.4 thousand units - more by 11% than in August of 2017. Just for 8 months, sales of cars and light commercial vehicles in Russia were 1 million 140 thousand units, which is more by 16.2% than in January-August of the last year.



KAMAZ’s revenue grew by 34% in first half


KAMAZ has published financial results for the six months of 2016 by IAS. According to the information of portal "Vesti of KAMAZ", the consolidated revenue of the Group for six months of 2016 increased compared to the same period of last year by 34% and it was 47.222 billion rubles (for 6 months of 2015 it was 35.145 billion rubles).

In the Russian and foreign markets there were sold 13,273 vehicles (it was sold 9806 units for the same period of the last year). The share of PJSC "KAMAZ" in the Russian market of trucks with GVW over 14 tonnes was 60%, which is 11 percentage points more than for six months of 2015.

As a result of the revenue growth it was obtained a positive operating cash flow in the amount of 2.613 billion rubles.

However, the rise in prices for the metal, the purchased components and the ruble kept the negative impact on production costs in the first half of 2016. As a result, during the reporting period, the Group recognized a net loss of 1,930 million Rubles.

The company tried to compensate negative factors by reducing fixed costs, optimization of the model range, the Privacy Policy, the strategy of import substitution and localization of production of automotive components.

"KAMAZ" continues to invest in re-engineering of production and product development”, - said General Director of PJSC "KAMAZ", Sergey Kogoghin. – “Capital investments in modern technologies and equipment for the first six months of 2016 were 6.6% of revenue".

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