Research and Markets: Growth Opportunities in Russian Automobile Industry

DUBLIN--August 24, 2011: Research and Markets has announced the addition of the "Growth Opportunities in Russian Automobile Industry" report to their offering.

The effects of the economic recession of 2008 trickled down to almost all the leading industries worldwide. The automobile industry was one such industry globally which was effected to a very large extent. Before 2008 the automobile industry in Russia was developing very fast and hence was the primary choice of foreign automobile manufacturers. It was expected that the foreign automobiles production would triple by 2010 . However, the industry was hit by the economic crises in 2008, due to which the development of the industry in Russia was not as it was expected. The country still remains to be one of the important markets for foreign original equipment manufacturer (OEM) and original equipment supplier (OES) business.

However, post the economic crises the industry has been recovering fast. Since May, 2010, the total automobile sales of the country increased by 48 per cent in May, 2011. The most popular passenger car models in Russia till June, 2011 are the ones which are domestically produced by local players in Russia. The three leading domestic automobile players are AvtoVAZ, GAZ and KAMAZ. The first two produce light weight automobiles while KAMAZ is the heavy vehicle producer such as trucks. In February 2008, AvtoVAZ entered into a strategic alliance with Renault in order to increase the sales of AvtoVAZ cars and develop the Lada brand cars sold by AvtoVAZ.

The report Growth Opportunities of Russian Automobile Industry provides a qualitative analysis of the Russian Automobile Industry pre and post economic crises of 2008 and how protectionism has affected the domestic players. The report also includes the key trends of the industry and their drivers, how the industry is recovering since the global recession, the players and their strategic plans and finally the challenges of the industry.

The report Growth Opportunities of Russian Automobile Industry is a result of comprehensive research and analysis and provides the reader with a holistic picture of the Russian Automobile Industry and its growth opportunities.

Key Topics Covered:

1. Research Methodology

2. Overview of the Russian Automobile Market

3. Effect of economic crisis on Russian Automobile Industry

4. Recovery of the Automobile Industry

5. Key Trends and drivers

6. Key Players

7. Challenges of Automobile Industry in Russia

8. Future Outlook

Companies Mentioned:

• AvtoVAZ,
• GAZ,
• Kamaz,
• General Motors,
• Renault
• Hyundai Motors

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