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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

SUV C crossovers: which NPS is higher?

News

Chinese car market stabilized in April after coronavirus pandemic

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According to the results of April, sales of passenger cars in China decreased by 2.6% and reached 1 million 536 thousand units. According to the results of four months of 2020, Chinese car market fell by 35.3% to 4 million 433 thousand cars. According to the Chinese Association of Automobile Manufacturers (CAAM), stabilization of the car market in April was facilitated by the weakening of quarantine measures to prevent the spread of coronavirus, as well as pent-up consumer demand, which had formed in the previous few months.

In addition, the PRC government recommended that banks reduce interest rates on car loans, extend subsidies for the purchase of electric cars for two years (until 2022), and various subsidizing programs for buying new cars were launched in the regions so that people would use less public transport. According to CAAM's forecast, car sales in China will decrease by 15-25% depending on how quickly the spread of coronavirus infection abroad is controlled.

18.05.20 AUTOSTAT
Source: www.autostat.ru