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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

What winter tires do Russian car owners prefer?
  • 06.12.18 What winter tires do Russian car owners prefer?

    Experts of the analytic agency "AUTOSTAT" in the framework of the new research "AUTOSTAT OMNIBUS - 2018. Car tires: car owners' preferences" conducted a survey on the choice and operation of winter tires. The results of a survey that was conducted in November showed that 94.2% of respondents “change” their tires for the winter ones and only 5.8% do not have a second set of tires.

    Archive

News

AvtoVAZ has no plans to raise prices for its cars

AvtoVAZ has no plans to raise prices for the Russian Lada in a falling market, said the Acting president, executive vice president of finance and corporate development, Oleg Lobanov. Last year, Lada became more expensive by 6% in average, the price increase was about 1.5% since the beginning of the year, said Mr.Lobanov. This year, AvtoVAZ raised prices in January and March; the rise in prices affected some configurations. For example, the leader by sales in Russia, Lada Granta in a version “standard” became more expensive by 3.7 % to RUB 279 thousand, the price will be kept now, wrote the newspaper “Vedomosti”.

AvtoVAZ has no ability to raise prices - it will only speed up sales drop of Lada, rate of them even outperformance the dynamics of market reduce in general, said the analyst of “VTB Capital”, Vladimir Bespalov. In January - September of 2013, sales of Lada cars in Russia fell by 14 % to 343,368 units. The entire Russian market of passenger cars and light commercial vehicles declined by 7 % to 2 million vehicles. Mr.Lobanov did not disclose the forecast for Lada sales for 2013. According to the AEB, the entire market will be reduced by 5.1 % to 2.8 million units during this period.

Now stocks of Lada cars in Russia (at the plant itself and its dealers) is about 45,000 units - it corresponds to 1.5 -month sales, said Mr.Lobanov, noting that this is the normal rate. In the spring, to reduce stocks, AvtoVAZ was forced to suspend production of some models in terms of the falling market. Now the suspension of assembly line is not planned, said Mr.Lobanov.

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