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The report in focus

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

"AUTOSTAT OMNIBUS-2020". Winter Car tires: preferences of car owners (fourth wave)

Exit date 07.12.2020

Format PDF

Price 3500 eur.

The fourth autumn wave of the project is aimed at identifying consumer preferences in the ...

07 december 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

Sales dynamics of best-sellers of Russian market in 2017 – 2018ss

News

Fitch increased the ratings of AUTOVAZ

The international rating agency Fitch gave to AUTOVAZ long term ratings of issuer default in foreign and national currency on the level B-, forecast stable.
Besides, Fitch gave to AUTOVAZ short term ratings of issuer default in foreign and national currency B, the long-term rating in the national scale BB(rus) with stable forecast and also priority un-provided ratings in foreign and national currency CCC and rating of assets re-currency RR5, informed Finmarket agency.
Ratings reflect the leading position of AUTOVAZ in Russia, especially in the ultra low-cost and low-cost segments (with a market share more than 29% in 2010). Besides, ratings take into account the demand recovery for new cars in Russia. Ratings of company are hold by limited diversification of products and geographic regions, reinforced competitiveness of foreign brands in Russia and also insufficient own engineering and designing possibilities, - remarked in the notice of Fitch.
Totally, Fitch sees the positive perspectives for Russian car market for the next 5-10 years. But the agency expressed anxiety about possible demand falling for ultra low-cost and low-cost cars in 2012 while the state support of branch also decreasing. Besides, it is expected the gradual shift of demand for the more expensive cars, in case of available income of households increasing and retail bank services development, that will influence negatively on the market position of AUTOVAZ.

31.03.11
Source: АВТОСТАТ