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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

Which brands have a higher share of car sales of Russian assembly?

News

AVTOVAZ agreed with 22-% increase of prices for metal

AVTOVAZ and "Severstal" agreed about renewal of supplies of steel sheet (which were stopped on May, 21st). It was remarked in companies that since June, 1st, 2010 prices are set at the reached compromise level and further prices will be reconsidered according to the procedure fixed by the annual agreement.
According to sources of the newspaper "Kommersant", AVTOVAZ had to agree with increase of prices for steel sheet by 22% and this is only a little lower than metallurgists (25%) demanded. AVTOVAZ considered rise in prices for steel comprehensible maximum by 17%. "Severstal" provides up to 60% of requirements of AVTOVAZ in steel sheet (50 thousand tons per month).
The agency Reuters reports referring to its sources that also signed the contract with AVTOVAZ approximately on the same conditions as "Severstal". Prices for metal for AVTOVAZ are calculated with the formula considering index Steel Business Briefing (SBB) which has grown by 25% since the beginning of the year.
According to experts, because of price increase for metal in 2010 the AVTOVAZ cost price will grow by 10% - approximately by 40-45 million dollars.

31.05.10
Source: АВТОСТАТ