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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


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


TOP-10 of models-leaders of the Russian SUV market in 2018
  • 08.02.19 TOP-10 of models-leaders of the Russian SUV market in 2018

    For the last year, 1 million 671.6 thousand new passenger cars were sold in Russia, which is more by 13.3% than in the last year. At the same time, in December of 2018, sales of new cars were 158.3 thousand units, which is more by 3.9% than a year ago. As for crossovers and SUVs, their sales in January-December grew by 18.1% in compare with 2017 and they were 729.2 thousand cars. The segment's share in total sales grew by 1.7 percentage points and reached 43.6%.



The decline in passenger car sales can be from 30% to 50% in the Russian Federation


According to the forecasts of experts of the analytical agency "AUTOSTAT", the market of new passenger cars in Russia may fall by 30 - 50% this year, depending on the development scenarios. This opinion was announced by the director of the agency, Sergey Tselikov, in the framework of the online conference "AUTOSTAT Analytic Day: forecast of the car market 2020 in conditions of uncertainty." By highlighting the main economic factors affecting the car market, Mr. Tselikov divided clearly them into two groups: before March’ 2020 and after.

The first group includes the cost of oil, the ruble exchange rate, the purchasing power of the population, the number of economically active people, car prices, and a number of others. In April, a factor related to the coronavirus pandemic was added, which entailed a restriction on the conduct of business activities and a ban on movement in space, closing the borders of regions and cities, breaking supply chains ... Given the fact that 1,63 million new cars were sold in Russia in 2019, with an optimistic development scenario, the market drop this year may reach 30%, and its volume could be 1.14 million units. In case of a pessimistic scenario, the market will fall by a half - to 0.82 million units. Also, one cannot exclude the average scenario, when sales of new passenger cars can reach 0.98 million units, by showing a 40% drop.

06.05.20 AUTOSTAT
Source: www.autostat.ru