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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

Rating of automobile brands on the index of repeat purchase in Russia

News

In 2019, AvtoVAZ earned the profit under RAS for the first time since 2012

AvtoVAZ.jpg

According to the results of 2019, for the first time since 2012, AvtoVAZ earned the profit under RAS; it reached 385.457 million rubles against a symbolic loss of 286 thousand rubles a year before.

According to Prime agency, AvtoVAZ revenue grew by 0.1% in annual terms in the previous year, to 292 billion rubles, cost of sales - by 1.4%, to 271.553 billion rubles, gross profit fell by 14.2%, up to 20.456 billion rubles. Sales expenses grew by 2.6%, to 10.204 billion rubles, managerial expenses decreased by 2.2%, to 6.149 billion rubles, sales profit fell by 46.2%, to 4.103 billion rubles.

The company's accounts receivable in 2019 decreased by 43% and reached 19.179 billion rubles. Long-term liabilities decreased by 2%, to 81.350 billion rubles, short-term - by 24%, to 51.674 billion rubles.

According to the results of 2019, AvtoVAZ sold 362,356 LADA cars in the Russian market - this is higher by 1% than a year before. Sales of LADA Granta cars grew by 27.8% to 135,831 units. As a result, this model became an absolute bestseller in the Russian market in the previous year. The second result in terms of sales was shown by LADA Vesta - 111,459 vehicles (+ 2.9%), including 55,338 station wagons LADA Vesta SW and Vesta SW Cross. LADA Largus station wagon is the third one by popularity among LADA models, its sales reached 52,397 vehicles in 2019 (-2.4%), including 9,274 vans. As a result, LADA Largus took the second place in the station wagon segment after Vesta SW.

In addition, in 2019, AvtoVAZ exported about 50 thousand LADA cars - a 32% increase in compare with the previous year. The main export markets for the Russian brand are still Belarus (16 thousand units, + 53%) and Kazakhstan (15 thousand units, + 14%), where LADA is the leader by sales. Also, in the spring of 2019, AvtoVAZ entered the Mongolian market, and in November, the local production and sales of LADA Granta cars of new generation began in Egypt.

 

Tags: avtovaz, sales, russia
09.06.20 AA "AUTOSTAT"
Source: www.autostat.ru