30.11.2020 / Commercial vehicle production is declining in Russia

According to Russian Automotive Market Research, in October 2020, 144.0 thousand cars were produced in Russia – the best result for 2019-2020. This is 6% more than the production result of October 2019. At the same time, Russian brands showed increase in production (+32%), while the production of foreign cars decreased by 4%.

Production of trucks fell by 7% in October 2020 and amounted to 6.5 thousand units. Production of trucks of Russian brands was down by 7%, that of foreign ones - by 6%.

A similar situation was typical for LCV segment: the production of Russian vehicles decreased by 1%, foreign ones - by 8%. A total of 13.0 thousand light commercial vehicles were produced in October 2020 – by 2% less than in October 2019.

In October 2020, 1.5 thousand buses were produced, which was a 11% decline on the production result of October 2019. Only Russian brand buses are produced in Russia.