MOSCOW TIME: 19.08.2019 15:09:13

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Russian carmakers boost exports to help plant capacity

... but it has not released any figures for the first quarter of this year. However, in a statement released May 13, Avtovaz said that in the coming years it planned to focus on increasing vehicle exports in the Middle East and North Africa. In 2019, the carmaker also began exporting vehicles to Mongolia, though it also stopped all deliveries to the EU and Iran. Russian carmaker, UAZ, also started finished vehicle exports this year, and said it intends to send between 300 and 500 vehicles Chile and a ...

Modified: 11.06.2019
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Russias car exports fail to meet forecasts

... 2018, compared to 83,400 units last year. The figure was projected to increase over the next few years to more than 143,000 units in 2020 and almost double that in 2025. The Russian government subsidises export logistics for both Russian and foreign carmakers producing vehicles in the country. In 2018 it forecast subsidies would reach Rub11.8 billion ($180m). From 2018 to 2025 those export subsidies were estimated to be around Rub136 billion ($2.1 billion), according to projections published by the ...

Modified: 31.07.2018
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