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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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Analytics

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News

In 2017 the St. Petersburg car industry showed the growth for the first time in four years

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According to the agency "Auto-Dealer-SPb", in 2017 the St. Petersburg car plants Hyundai, Nissan and Toyota produced 346,800 cars, which is more  by 24% than a year ago. The last time the increase in the production of cars in St. Petersburg was noted in 2013, when the city's enterprises produced 392,900 cars. In December, the volume of production was 31,100 cars - 23% more than in December of 2016. This is the highest growth in production for one month, since July.

The Hyundai plant remains the leader of the car industry in St. Petersburg. The company's share in the total production of cars in 2017 was 67%. The plant increased the production by 13%. Toyota was the most dynamically developing car plant in the last year. The production growth was 73%, and the share of total production of cars in the city grew up to 20% (14% - in 2016). The share of Nissan remained at 13%, while the plant increased the production by 26%.

"The growth was reached due to the fact that throughout the year in St. Petersburg there were produced models of Hyundai Creta and Toyota RAV4, which appeared on the conveyors in the summer of 2016," said General Director of Auto-Dealer-SPb, Mikhail Chaplygin. - For further growth, plants have a certain reserve of capacity - now their total load is about 80%. If for the model of cars that are produced in St. Petersburg, the demand will not decrease, then it is quite real to see the growth in production by 5% in 2018. A higher figure is possible if decisions are taken to produce new models of cars or to uninvent the GM plant."

The share of the St. Petersburg car industry in relation to the all-Russian car production was 24.8% in 2017. At the end of the year, seven models produced at the St. Petersburg car plants entered the TOP-25 of the most popular cars in Russia. They are KIA Rio (the car market leader in 2017), Hyundai Solaris, Hyundai Creta (the most popular SUV), Toyota RAV4, Toyota Camry, Nissan Qashqai and Nissan X-Trail. At the moment, the automakers of St. Petersburg produce nine models of cars - Nissan Qashqai, Nissan X-Trail, Nissan Murano, Toyota Camry, Toyota RAV4, Hyundai Solaris, Hyundai Creta, KIA Rio and KIA Rio X-Line.

01.02.18 AA "AUTOSTAT"
Source: www.autostat