News
Car market
The former Hyundai plant in Saint Petersburg reports financial losses by the end of 2023

Following results of 2023, the revenue of Automotive Plant AGR LLC (former Hyundai Motor Manufacturing Rus) in Saint Petersburg decreased by 95% on the previous year and amounted to 2.7 billion rubles (in 2022 it amounted to 50.3 billion rubles). At the same time, the company's net loss amounted to 16.6 billion rubles against 18.8 billion rubles at the end of last year. These data are indicated in the financial statements of the enterprise...

12/04/2024
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Car market
Chery summed up the results of 2023 in Russia

Chery sells cars of Chery, Exeed, Omoda and Jaecoo brands in the Russian market. In its financial statements, the company reports that it sold a total of more than 220 thousand cars last year. In 2023, the revenue of the Russian division of the Chinese automobile company Chery (JSC Chery Automobiles Rus) amounted to 556 billion rubles, which is 3.8 times more than in 2022. The company's net profit increased by 16.5% and reached 34.7 billion...

12/04/2024
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Autocomponents market
The former Continental tire plant in Kaluga has rebranded

The former Continental tire plant in Kaluga has rebranded and now it produces tires under the Gislaved brand. The Kaluga enterprise joined the tire cluster that has been established on the basis of JSC Cordiant and united tire plants in Yaroslavl, Omsk, Kaluga region (former Continental AG) and Ulyanovsk (former Bridgestone). In 2024, the renovated Gislaved plant is expected to produce 2.1 million tires for cars, which will be a 12% rise on...

12/04/2024
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RUSSIAN AUTOMOTIVE MARKET
Trailer population numbers 1.2 million units

According to the marketing agency NAPI, as of January 1, 2024, the trailer/semi-trailer population totals 1.2 million units. Dropside trailers/semi-trailers accounted for almost a third of the entire population. The second and third places in the population were taken by dump and curtainsided trailers/semi-trailers, with a share of 15.6% and 12.3%, respectively.

VEHICLE PRODUCTION IN RUSSIA
Car production increased by 88.5%

According to the marketing agency NAPI, in January-February 2024 the growth rate of production of all vehicle types outpaced that of sales. Over two months of the current year, 138.2 thousand cars and commercial vehicles were produced, which was a 78% rise on the previous year. Cars accounted for three quarters of all vehicles produced this year.

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.
Our information helps in planning strategic priorities of companies, executive centers, seasonal product offers.
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The marketing agency NAPI (National Industrial Information Agency) / Russian Automotive Market Research has carried out unique analytic methods.