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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

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In our country, as of July 1st, 2020, about 283 thousand pickups were registered

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What drop is predicted for the Russian car market in 2020?

Forecast of the dynamics of car sales in 2020.png

The experts of the analytical agency "AUTOSTAT" shared their vision of the development of the car market in Russia. In their opinion, in 2020, the drop in sales of new passenger cars in Russia may range from 13 to 18% (by 2019), depending on development scenarios. Their volumes can range from 1.33 million (according to the pessimistic forecast) to 1.42 million vehicles (according to the optimistic forecast).

As the main economic factors affecting car sales, the experts took into account the cost of oil, the ruble exchange rate, the purchasing power of citizens, the number of the economically active population, the prices of cars and a number of others. In addition, in the spring of this year, a factor was added that the automotive world had not encountered before and which is difficult to calculate using the usual mathematical models - the coronavirus pandemic, which in the auto business entailed the restriction of the activities of dealerships, a change in the usual patterns of interaction with suppliers and customers, the necessity of introduction of new technical and marketing solutions.

More detailed information on the development trends of the Russian car market is contained in the report “Forecast of the Russian market of new passenger cars for 2020 (monthly monitoring)”, prepared by the experts of the analytical agency "AUTOSTAT".

29.10.20 AA "AUTOSTAT"
Source: www.autostat.ru