Russian Automobile Market

Russian automotive market, passenger cars 2010-2015 that have Russia’s economy while 2009 strong corrections have to deal with the crisis. While GDP by 8% per year before the crisis, there are still 4% after the crisis. Private consumption and real incomes are similar to behave. Despite the increase in lower, Russia is still one of the fastest growing markets in Europe. The car new car market has especially suffered from the crisis and is slumped in 2009 to almost 50%.

Since 2010, clearly recovered the market with the help of Government support measures and 2011 will connect to the figures of 2008 with more than 2 million of sold used cars. Russia the largest new car market in Europe will be in 2015. The market is more dominated by foreign brands in the future. Russia launches a production agreement, which guarantees lower tariff rates in return for higher local capacities and higher local content from 2012 with some OEM. “The participants in this agreement be jointly with AvtoVAZ the Russian in the future Dominate the new car market”, so Felix Kusell, Managing Director of Globis GmbH and editor of the study. Russia is significantly more interesting for foreign suppliers: the local content rules entail the need for local suppliers.

The quality of Russian suppliers still applies as little reliably. And also Russian OEM are shopping increasingly by foreign suppliers, to improve their quality. The growing car inventory is crucial for spare parts producers, as well as other players in the aftermarket, which will reach about 40 million cars in 2015. The aftermarket is structurally still under construction, in particular outside of the central regions. There is little chains of spare part shops or workshops, but an increasing demand of high quality and at the same time affordable service and parts. “The market opportunities in the aftermarket in Russia are enormous,” said Felix Kusell. The new study “Passenger cars, components and aftermarket 2010-2015”, the Globis GmbH is the current developments on the Russian new cars, Suppliers – and spare parts market and forecasts by 2011, 2012, 2013, 2014 and 2015, approximately 90 pages, with 40 tables and graphics, comprehensive and detailed dar. The study costs 890 plus VAT and can be ordered directly from the Globis GmbH, by phone at 030 / 400 549 0 or order form on the Internet at. Further information about the study can be found at this address. The Globis GmbH, Berlin, is a market research and consulting company with multilingual analysts and consultants and a large pool of foreign interviewer. Bernd Bretz Globis GmbH

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