Russia’s New Car Output Drops 10.9%

18 November 2016 (09:26)

UrBC, Moscow, November 18, 2016. 911,000 new passenger vehicles left Russian plants’ assembly lines in the ten months of 2016, which was 10.9% less than one year earlier. 104,000 new cars were made in the country in October, which was 2.9% less than in October 2015, Avtostat reports.

The car-making company AvtoVAZ switched to a four-day week till February 19, 2017 in order to avoid layoffs.

As for car makes by international brands, Kaliningrad-based Avtotor and Kaluza-Based PSMA Rus started making Hyundai Grand Santa Fe and a new-generation Citroen C4 Sedan, respectively. Also, KIA’s plant in Saint Petersburg made its 500,000th KIA Rio some five years after the first such make was manufactured there in August 2011.

As for trucks and load-carrying vehicles, 108,000 units were made in Russia in January-October 2016, which was, in fact, 7.4% more than one year earlier. The output figures for October stood at 13,800 units, which exceeded the figures for October 2015 by 6.6%.

As the demand for KamAZ trucks is currently on the rise, the plant went back to a five-day week in late September and now makes as many as 190 units a day.

Finally, 11.5% more buses were made in Russia between January and October 2016 than one year previously, with the overall output at 32,300 units. 4,100 buses were made in October alone (up 29.2% on last October).

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