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Car market
AvtoVAZ will allocate 45 billion rubles for the investment program in 2025
AvtoVAZ President Maxim Sokolov said that 45 billion rubles will be allocated to the investment program in 2025, which is 8 billion rubles more than the volume of investments this year. As Kommersant reports with reference to the company head, in the future the volume of investments will be increased to 50-60 billion rubles per year. It is known that until 2030, AvtoVAZ plans to set up production of about 12 new models and modifications of...
20/12/2024
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Car market
500 thousand cars have rolled off the AVTOVAZ assembly line since the beginning of 2024
AvtoVAZ has produced more than 500 thousand cars since the beginning of 2024, according to the concern head Maxim Sokolov, who stressed that this result may increase over the remaining days of December. Production plans for the coming 2025 also amount to 500 thousand cars. Recall that earlier, Mr. Sokolov admitted the possibility of reducing production volumes at the enterprise due to the slowdown in sales of already produced cars. NAPI...
20/12/2024
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Commercial vehicle market
KAMAZ has released anniversary KAMAZ-6282 electric bus
The anniversary two thousandth KAMAZ-6282 electric bus has been assembled at NEFAZ, KAMAZ subsidiary in Bashkortostan. In the near future, it will replenish the fleet of the State Unitary Enterprise Mosgortrans, the main operator of land urban passenger transport in the capital and the largest in Russia. Serial production of KAMAZ-6282 electric buses started in 2018. NEFAZ overcame the mark of 1,000 electric buses produced in July 2023. In a...
20/12/2024
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RUSSIAN AUTOMOTIVE MARKET
New car leasing is increasing
According to the marketing agency NAPI, 157.8 thousand new cars were issued for financial and operational leasing over the first ten months of 2024, which was a 15.6% rise on the previous year. At the same time, the new car market grew by 59%; as a result, the share of cars leased on the market decreased to 12.2%.
VEHICLE PRODUCTION IN RUSSIA
The number of commercial vehicles produced exceeds that in 2019
According to the NAPI, over the first ten months of 2024, the production of all vehicle types increased by 34.3% on the similar period of 2023. However, compared to the prosperous 2019, the vehicle production decreased by 45.6% due to a sharp decline in the car production. In 2024, the production of all types of commercial vehicles grew on 2019, especially in the LCV segment (+20.1%) and in the bus segment (+21.6%).
NATIONAL INDUSTRIAL INFORMATION AGENCY (THE MARKETING AGENCY NAPI) / RUSSIAN AUTOMOTIVE MARKET RESEARCH
Modern market economy puts strict conditions for each company. In severe competitive conditions those companies are winning, which are able to see through products and services market conjuncture, forecast development tendencies, provide risks and offer optimal variants. Demand evaluation and release of efficient mechanisms of its satisfaction are mentioned as main assignments of companies` marketing services. Russian automotive market is one of the most profitable and at the same time complicated competitive environments. Automotive market participants` demands is rapidly changing, for this reason market analysis is fundamentally important for dealers and manufacturers to react immediately on any changes or events. To create an efficient development strategy, manufacturers and dealers have to release automotive market forecast based on complex automotive market statistic research based on following parameters: vehicle type; brand; model; modification level.
ADDITIONAL INFORMATION
In our materials are following parameters estimated: regional economic development; local dealer centers development; company model range correspondence to local climate conditions; vehicle prices by region; vehicle ownership expenses by region; competitive environment and other data.
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The marketing agency NAPI (National Industrial Information Agency) / Russian Automotive Market Research has carried out unique analytic methods.