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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In 2018, Russia will have two new measures of state support for auto exports


In 2018, the plans for the export of the Russian automotive industry have the task of achieving volumes for a sum of $ 2.6 billion or about 60-70 thousand cars. However, according to Pavel Burlachenko, head of the project for the development of the auto industry of the Russian Export Center (REC), the first months of the coming year have shown that it is possible to go further and these plans are to be revised. For comparison: in 2017, the export target was the same task ($ 2.6 billion or 60-70 thousand cars), but it managed to get 3 billion 115 million (about 100-110 thousand cars).

The state, which in 2017 tried to help underperformed auto plants, will continue to support also in 2018, says Mr. Burlachenko. It is a question of traditional support measures (reduction of costs for transportation of export supplies to automakers, investments in the homologation system and a number of others) and two absolutely new ones. The first is assistance in promoting the goods abroad, participation in exhibition events. The largest Russian exporters are planning to help develop the after-sales service system in foreign markets.

The second measure is a special program on the system of tax and customs preferences. It is about creating a system of long-term motivation for export. The essence of the project is as follows: Russian manufacturers produce and export cars and automotive components (all automakers in the Russian Federation, not just four domestic ones - author), they are credited with some virtual points that can then be used. For example, they are for tax and customs deductions, for the purchase of equipment, etc. This long-term mechanism will not be associated with annual budget planning.

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