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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

News

KAMAZ increased the profit more than 5 times in 2017

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The consolidated revenue of the group of organizations of PJSC "KAMAZ" for the year of 2017 exceeded 156 billion rubles, the net profit grew more than 5 times to almost 3.5 billion rubles (against 656 million rubles a year before).

As the press service of KAMAZ informs, EBITDA for this period was almost 10.8 billion rubles (APPG - 6.15 billion rubles). The EBITDA margin in 2017 increased up to 6.8% compared with 4.6% a year before. Revenue growth and efficient cost management ensured a positive operating cash flow of almost 8.8 billion rubles (APPG - 5.85 billion rubles).

Recall that in 2017, 38,192 KAMAZ trucks were sold on domestic and foreign markets, an increase of 11% in compare with the previous year. The share of KAMAZ in the Russian market of trucks with a gross tonnage of more than 14 tons (data on vehicle registration) was 45% in 2017.

As noted, the increase of sales of trucks was achieved, also due to the outpacing growth in sales of cars of a new model range, the effective use of client financing instruments, flexible pricing policy. There were implemented measures to reduce costs, increase labor productivity, import substitution of automotive components, and improve the management of financial resources.

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