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The report in focus

Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Exit date 03.04.2020

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Price 850 eur.

In the report commercial vehicle market is traditionally subdivided into segments: light commercial vehicles (LCV), medium-duty vehicles (MCV), heavy-duty trucks (HCV) and buses (BUS).

03 april 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

What brands have the youngest parc in Russia?
  • 20.06.19 What brands have the youngest parc in Russia?

    According to the analytic agency AUTOSTAT, at the beginning of this year there were more than 43 million cars in Russia. At the same time, about 40% of them are not older than 10 years, which, in quantitative terms, slightly exceeds 17 million units.

    Archive

News

KAMAZ increased revenue and sales in 2019

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KAMAZ PJSC published the results of its financial activities for 2019. The revenue of the association grew by 6% in compare with 2018 - up to 160.8 billion rubles. Sales of cars, spare parts, goods and services of the company grew both in the domestic and foreign markets.

At the same time, the amount of products and services sold on the domestic market reached 144.6 billion rubles (4% higher than in 2018), and 16.2 billion rubles on the external market (+ 28% in compare with the previous year). The overall value of current and non-current assets also speaks of a stable position of PJSC: by the end of 2019, it increased by almost 9.5 billion rubles and reached about 189.4 billion rubles.

According to the company’s press service, “the general difficult situation in the Russian market in the segment of commercial vehicles, as well as the company's investment cycle related to the launch of a new generation of K5 cars, caused a negative aggregate result, improved by a half of billion rubles in compare with the first half of the year. As a result, by the end of the reporting period, the company managed to reduce its net loss to 1 billion 517 million rubles (YOY basis - net profit of 27 million 179 thousand rubles)”.

Despite this difficult market situation, KAMAZ continued to work on the quality improving, improving the consumer properties of its products and developing the lineup. A new cab frame plant was opened, the production of a new family of in-line 6-cylinder engines continued to develop, KAMAZ specialists mastered the investments made in the development of unmanned technologies, and developed areas related to the production of gas-filled vehicles and buses.

As another promising area, which has already begun to work out the invested funds in it, we can also name the project of electric buses. Electric-powered buses assembled at KAMAZ passed the tests in Moscow and since then the company has already concluded three contracts with Mosgortrans for their supply. In general, the company's investments in 2019 reached more than 12.5 billion rubles.

27.03.20 AUTOSTAT
Source: www.autostat.ru