Russia’s auto output increases by 65.3 percent in H1

Friday, 06 August 2010 13:34:41 (GMT+3)   |  
       

According to the data issued by ASM Holding which monitors Russia's auto industry, in the first half of this year the country's auto output saw an increase of 65.3 percent year on year to 564,590 units. 

Accordingly, in H1 2010, Russia's passenger car output went up by 68.7 percent to 489,076 units, its truck output increased by 52.2 percent to 59,223 units, while its bus output rose by 30.2 percent to 16,539 units.

During the period in question, the output of foreign passenger car brands produced in Russia increased by 85 percent year on year to 260,198 units, i.e., 53.2 percent of the country's total car output, thus exceeding for the first time the output of Russian domestic brands which in H1 increased by 53.3 percent year on year to 228,878 units.

Russia's total sales of passenger cars in January-June 2010 amounted to 752,800 units, finally changing from decrease to an increase of 1.1 percent year on year. 

"The interest of potential customers is rising and a growing number of inquiries is being received. But to what extent this market growth is stable will be determined by the results of the autumn months, as autumn usually witnesses the seasonal growth of demand," the AEB Automobile Manufacturers Committee said in its statement.


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