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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

Infographics

Russian share in global sales by brands
  • 31.03.15 Russian share in global sales by brands

    In 2014, it was sold 87 million new passenger cars in the world, which is more by 3.4% than in 2013. Russia has 2.9% of the global car market and it is in 8th place in the world in sales of new cars.

    Archive

News

Partner of AVTOVAZ in Kazakhstan will receive a loan of 4 billion rubles for the construction of an automobile plant

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On August 30th, 2018, within the framework of the Moscow International Auto Show, the Eurasian Development Bank (EDB) and ASIA AVTO Kazakhstan JSC signed a loan agreement on financing the construction of a full-cycle automobile plant in Ust-Kamenogorsk (Republic of Kazakhstan), which will be partnered by PJSC AVTOVAZ. As the press service of the Group of Companies “BIPEK AUTO-AZIA AUTO” informed, the terms of the agreement provide the investment crediting in the amount of 4 billion rubles for a period of 10 years.

The document was signed in the presence of the President of PJSC AVTOVAZ, Iva Karakatzanis. It was signed by the Deputy Chairman of the Board, the State Secretary of EDB, Andrey Krainy and the Chairman of the Board of Directors of the Group of Companies "BIPEK AUTO-ASIA AUTO", Anatoly Balushkin. EDB will provide the financing of the project with regard to the supply of technological equipment for the welding and painting shops of the car body. The commissioning of the first stage of the facilities under construction will allow the production of 60,000 cars per a year in full cycle mode and start the creating of a technopark for the production of auto components. Deeper technological redistribution will increase the level of localization of produced cars up to 50%. At the same time, the share of auto components produced in the territory of the Eurasian Union will approach 90%.

The key market sale for the production of the future production complex will be Kazakhstan, with the ability to export to the countries of the Eurasian Union and Central Asia under the control of AVTOVAZ. It is reported that the new facilities will become the largest production in the history of the machine-building industry in Kazakhstan and the most ambitious project of Russian-Kazakh industrial cooperation. Recall that PJSC AVTOVAZ holds a blocking stake in the joint venture JSC ASIA AVTO Kazakhstan (25% + one share). The rest of shares belong to the main investor in the person of the group of companies "BIPEK AUTO - AZIA AVTO". At the current stage, BIPEK AUTO - AZIA AVTO Holding invested $ 67.1 million of its own funds in the project.

03.09.18 AUTOSTAT
Source: www.autostat.ru