According to Russian Automotive Market Research, 320 000 cars were produced in Russia in the first quarter of 2020, which was a 15.5% decrease on the production result of the same period of 2019. Production of cars of Russian brands fell by 20%, foreign ones - by 13.7%.
For the reporting period, 12.4 thousand trucks rolled off assembly lines of Russian enterprises, which was a 2.9% decline year-on-year. Production of trucks of Russian brands increased by 9.2%, while foreign brands, on the contrary, decreased by 30.2%.
The production decline was also typical for LCV (-19.5%). A total of 20.7 thousand LCV were produced in January-March 2020. Production of light commercial vehicles of foreign brands increased by 8.7%, while Russian ones fell by 27%.
It should be noted that in the first quarter of 2020, 3 thousand buses were produced, which was a 18.6% rise on the result of the first quarter of 2019.
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