Russia

Russia has built 54.7 percent more passenger cars from January to April 2010 with 283.000 units as in the same period, the Statistics Office Rosstat announced on May 19, 2010. The production of trucks increased in the first four months of 2010 compared to 37.4 percent to 34,700 units and buses by 21.1 percent to 8,800 units the year. The Russian car market is booming at the time. Daimler AG will sell their vehicles through the sales network of the Russian truck producer OAO KamAZ from autumn 2010, in which the company is currently participating with 11 percent. 90 facilities in Russia and other countries to KamAZ. AutoVAZ, the largest Russian car producer, benefits from the Russian cash for clunkers and increases its prices on average by 2 per cent. Car dealers raised the prices for AutoVAZ vehicles 7-18 percent. The dominant position and the good sales in April 2010 are optimistic the company.

The growth figures were compared to the previous month from 22.2 per cent (LADA 4 x 4) and 62.6% (LADA Priora). The the automotive and mechanical engineering group which is part of GAZ OAO GAZ recorded an increase in sales revenues compared to 47.9 percent the year in the first quarter of 2010. The OAO GAZ’s core business is the production of components for passenger cars and light commercial vehicles of GAZ brand. The automotive group Sollers JSC Sollers Naberezhnye Chelny, manufacturer of Fiat and SsangYong vehicles, informed, that have tripled the turnover to 550,7 million rubles. The reason for the strong improvement is the conclusion of State orders for the delivery of the Fiat Albea at the civil protection and Ministry of the Interior. The Russian Hyundai subsidiary OOO Hyundai took a press test system motor manufacturing RUS on May 19, 2010 in her St. Petersburg car factory.

Thus, the Korean company is the first foreign automaker in Russia, which has its own pressing plant. The plant can produce 17 body elements of a car model. It is scheduled to start trial production in August 2010 and to open the plant in September 2010. Commercial production is to start in January 2011.

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