29.09.2020 / Russian companies increased LCV production

According to Russian Automotive Market Research, in August 2020, the LCV segment showed slight growth in production (+0.4%). A total of 9.74 thousand light commercial vehicles were produced in August 2020. The production of LCV increased at GAZ, AVTOVAZ, PSMA RUS and AVTOTOR.

In August 2020, 79.68 thousand cars were produced in Russia, which was a 32% decline on the production result of August 2019. In August, some Russian companies producing cars increased their production volumes. These were HYUNDAI MOTOR MANUFACTURING RUS, TOYOTA MOTOR, PSMA RUS, Haval Motor Manufacturing Rus, Mercedes-Benz Manufacturing Rus, LADA Zapad Togliatti and LADA SPORT.

Production of trucks in August 2020 decreased by 28% and amounted to 4.01 thousand units. At the same time, in August, production volumes increased at URAL, DAIMLER KAMAZ RUS, MAN TRUCK AND BUS PRODUCTION RUS and SCANIA-PITER.

In August 2020, 0.92 thousand buses were produced, which was a 12% decline on the production result of August 2019. The increase in bus production in August was shown by NEFAZ and SIMAZ automobile plants.