Russian pre-owned vehicles prices are falling again as reported by Autostat agency after the October 2015 survey. Ford Focus is the most popular second-hand car in the market.
Volkswagen Golf sales distribution by country with sales data from 2013 to year to date August 2015 show the astonishing growth as second best-seller worldwide. In US, sold sales were booming this year.
Premium Cars Market exceeded 10 million vehicles first time in the 2014, when Mercedes was back the segment leader outpacing the rival BMW. The fastest growing brand was Jeep.
Russian Automotive industry in May 2014 fell one place in the European car market ranking. Germany remains the leader while Great Britain moved up to the second place, outpacing a declining Russia.
Russian car loans incentives can come back in the second half of year, despite in April the end of government incentive to buy new cars was confirmed. Indeed, Russian Ministry of Industry and Trade will present a proposal to the government on the need to extend the program in the second half of 2014.
Russian Ministry of Finance plans to raise rates of excise duties on cars and motorcycles by 26.5 % by 2017 compared to 2014 in accordance with the draft of main directions of the tax policy of the Russian Federation for 2015-2017. Actually the excise tax is 34 rubles for 1 HP for vehicles with capacity of 90-150 HP, in 2015 it is planned to increase to 37 rubles, in 2016 – to 41 rubles and in 2017 to 43 rubles.
Fiat Professional, the commercial vehicles division of FCA, in the first quarter of 2014 increased sales in Russia by 39%. As released by the company, the achievement of such results was made possible through competitive pricing, effective marketing strategy of Fiat Professional in the Russian market and the launch of a new roadside assistance program, called” Fiat Top Assistance”
Ministry of Industry does not intend in the near future to renew the program of government subsidies for car loans, despite its obvious success in stimulating sales of passenger cars in 2009 and 2013.
The President of AvtoVAZ, Bo Andersson, has disclosed the Russian Company mid terms business plan in a press conference. According to this plan of development the share of Lada in the Russian market must be at least 20% by 2020. In addition, the share of exports of Lada models will increase to 50% in the volume of external supplies of Russian-made cars.
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AvtoVAZ , the Russian car manufacturer controlled by Renault-Nissan Group, began the production of the New Generation of Renault Logan.