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Car market
The new Rox Motor brand will officially enter the Russian market
The Chinese Sinomach concern is bringing new Rox brand cars to the Russian market. As Autonews reports with reference to the company's press service, the first model presented in Russia will be Rox 01 hybrid crossover. Sales are expected to start in December 2024, and the novelty will be available at Oting dealerships. Externally, the model is similar to Land Rover Defender. In all versions, it is equipped with a clearance of 205 mm and...
03/12/2024
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Car market
AvtoVAZ plans to reduce production of LADA Vesta in December 2024
The Russian automaker AvtoVAZ will reduce the production of LADA Vesta family cars. So, beginning December 2, 2024, the assembly program will be reduced from 40 to 30 cars per hour. In 2025, it is planned to adhere to a similar production schedule, but the company has not yet given an accurate production forecast for the coming year. Earlier it became known that AvtoVAZ is testing a biofuel LADA Vesta sedan, which will be able to run on...
03/12/2024
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Commercial vehicle market
Becema has shipped a batch of BCM-21.5 cement carriers
The Becema Machine-Building Plant has completed the shipment of the next batch of BCM-21.5 tank semi-trailers. The vehicles are designed for bulk transportation of powdery and pulverized materials (cement, mineral powder, etc.), excluding toxic and poisonous materials, with a bulk density of no more than 1.4 g/cm3. The tank is made of low-alloy steel in the form of a load-bearing container and has two compartments that exclude mixing. The...
03/12/2024
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RUSSIAN AUTOMOTIVE MARKET
The share of LCV leased exceeded 44%
According to the NAPI, over the first ten months of 2024, 49.1 thousand new LCV* were issued for financial and operational leasing, which was a 29% rise on the previous year. At the same time, the new LCV market grew by 36%, as a result, the share of vehicles leased fell to 44.6%.
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* vehicles with GVW of up to 6 tons inclusive, including pickups
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.