The growth of production of passenger cars is expected in Russia in the medium term. In 2018 it will grow by 19.8% compared to the year 2015.
MOSCOW, 26 Jan. The production of passenger cars in Russia in 2015 may be reduced by 21.2%, according to the forecast socially-economic development of the Ministry of economic development, submitted to the Duma together with the budget in 2016.
According to Rosstat, in 2014 in Russia produced 1.7 million cars. Thus, according to the results of the current year the production of passenger cars could be reduced by 360 thousand cars, to 1.34 million units. In 2016 the Agency predicts preserving the volume of production at the level of 2015 (100,3%).
“With an anticipated growth of car production in the medium term. So, in 2018 to 2015 the growth of production of passenger cars will account for 19.8%. This pattern will be determined by growth in real disposable incomes, and additional state support measures,” predicts the Ministry of economic development.
According to the Ministry, the production of trucks in 2015 could fall by 19.7%. Last year it produced 154 thousand trucks, thus, in 2015 the production of trucks may drop to 124 thousand units. For 2016, the MAYOR also expects the conservation of the volume of production of truck almost at the level of 2015 (100,9%).
“From freight vehicles in 2015 also witnessed a decrease in sales and, consequently, production that is linked to the reduction of commercial road freight transport. In the medium term, the increase in commercial turnover in 2016-2018 4.5%, and additional state support measures envisaged in the automotive industry, will increase production of trucks in 2018 to 2015 by 16.3 per cent,” waiting in the MAYOR.