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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

How many cars are sold per 1000 inhabitants in European countries?

News

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

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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