Production of Cars in Russia Dropped Twofold
This is the lowest level for the past 38 years.
VLADIVOSTOK. March 18. VOSTOK-MEDIA – In 2009 the production of cars in Russia has decreased by 59.8% to 722,400 cars.
This is the lowest level for the past 38 years, Avtostat data analysis agency reported. Against this backdrop, the production of transport will look better in 2010, experts say.
Passenger cars account for 82.5% of the overall production in Russia. Last year domestic car makers produced 595.8 thousand cars, which is 59.5% less than in 2008. However, with 63% drop in production, truck makers were hit worst by the global financial crisis. In 2009 their market share decreased by 1.8% to 12.6%. Unlike car and truck industry, companies producing buses were luckier. The overall production of buses decreased by 47%, according to Avtostat.
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