The report in focus

Truck component and spare part market in Russia

Truck component and spare part market in Russia

Exit date 09.07.2018

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Price 1690 eur.

AUTOSTAT analytic agency presents the report “Truck component and spare part market in Russia”, covering results of 2017.

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Analytics

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News

Valeo will invest about 17 million Euros in the production in Togliatti

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On April 6th, the official reception of the delegation of the French Embassy in Russia was held in the city of Togliatti. During the meeting, it was signed a Protocol of Intent by Valeo representatives of the company - well-known manufacturer of automotive components, - to invest in new projects in Togliatti. The Valeo Group already produces a number of automotive components for passenger cars and commercial vehicles in Russia.

In Togliatti we are talking about the opening of a new production. Already in the city, two French plants produce parts for thermal systems and power units. Now they intend to develop new technologies in the field of mobility, autonomous machines, electrification and hybridization. First of all, we are talking about security systems, improvements in the functioning of engines and transmissions, as well as the Smart Car system.

According to experts, at the first stage the investments in the Togliatti production will be about 17 million Euros. The signed agreement talks about the intention to increase the existing capacities for manufacturing transmissions, thermal auto components and electricians - up to 1 million parts per year. There are planned to mplement auto parts not only in the Russian market, but also abroad.

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