World Market Of Light Motor Vehicles. Russian Market Of Light Motor Vehicles.

Subject of research:

WORLD MARKET OF LIGHT MOTOR VEHICLES. RUSSIAN MARKET OF LIGHT MOTOR VEHICLES

Goal of research:
ASSESSMENT OF SITUATION ON THE MARKET & FORECAST OF ITS DEVELOPMENT FOR 2011-2015

Region of research:
RUSSIA

Main blocks of research:
VOLUME OF RUSSIAN MARKET
PRODUCTION OF PASSENGER CARS IN RUSSIA
IMPORT OF PASSENGER CARS
EXPORT OF PASSENGER CARS
CAR PRICES
MARKET TRENDS
STATE REGULATION
PROFILES OF THE LARGEST PASSENGER CAR MANUFACTURERS
FORECAST OF AUTOMOTIVE MARKET DEVELOPMENT FOR 2011-2015

Market segmented by:
PASSENGER CARS
LARGEST MANUFACTURERS
LARGEST IMPORTERS
LARGEST EXPORTERS
PRICES IN AUTOMOBILE SEGMENTS
MAKES OF CAR FLEET
FEDERAL DISTRICTS OF RF
REGIONS OF RF
YEARS

Largest passenger car manufacturers analyzed
"AVTOVAZ" JSC
"AVTOFRAMOS" JSC
"FORD MOTOR COMPANY" JSC
"VOLKSWAGEN GROUP RUS" LTD.
"AVTOTOR" JSC
Information sources used:
Federal State Statistics Service
Economic Development Ministry of RF
Transportation Ministry of RF
Federal Customs Service
Federal Tax Service
Field expert evaluations
Retail sales report
Materials of the field’s main players
Data from professional associations
Field print and electronic publications
The research contains 80 schedules, 104 diagrams and 94 tables.

EXTRACTS FROM RESEARCH

WORLD MARKET

In 2002-2006, the world volume of car production had been increasing by ***% annually. During that period the production volume grew by *** mln. ?ars a year. After a high growth of production in 2007 (***%, *** mln. cars – almost the same amount like for the previous *** years!) a recession came in 2008, which brought the production volume back to the former trend, and then, in 2009, there was a slump in production by ***%. According to initial estimation, the growth in 2010 returned the production to the previous trend, or, perhaps, surpassed it a little, so it was about ***% comparing with the production volumes in 2009. Largest manufacturing companies

In absolute terms, the crisis in the worst way affected General Motors at the most (they manufactured passenger cars by *** less in 2009 than in 2005) and Ford (-*** cars), having faced with great problems during its active period and being supported by the government. Hyundai (whose production volume in 2009 was *** mln. cars, that is *** mln. cars more, than in 2005) and Volkswagen (*** and *** mln, respectively) passed through it best of all.

Table 6. Production volume of passenger cars by main world manufacturers in 2005-2009, units

VOLUME OF RUSSIAN AUTOMOTIVE MARKET

By 2008, the volume of Russian automotive market reached its peak in *** bln. rub. The economic slump of 2008-2009 resulted in decrease of its volumes more then by a bln. rub. – up to *** mln. rub. The growth in 2010 was also significant – the market increased in ***, that is about *** mln. rub. In 2009, the domestic products had a minimal share in the Russian market - ***% only. However due to the crisis and dropped demand for more expensive foreign cars, its share started increasing gradually and, in 2010, it took ***% of all market volume.

Volume of passenger car market

Structure of market

Since 2004 the import was a main factor determining the size of Russian market of passenger cars. However, during the crisis in 2009-2010, the import volumes reduced to *** bln. rub., that is ***% of overall volumes of market decrease. As a result of quick recovery of production volumes, in 2010 the domestic production (the first time since 2004) took more than *** of Russian passenger car market.

PRODUCTION OF PASSENGER CARS IN RUSSIA

In the first three quarters of 2011, the average monthly volumes of car production exceeded *** ths. units, that is approximately 57% more than in the same period of the previous year. Sticking to that production deference till the end of the year, the production volumes in 2011 will be about *** mln. units, so this result is going to be the best one during the last 20 years.

No obvious seasonality in the car production in 2006-2011 was observed.

MARKET TRENDS

12.1. Trends of automotive market

Structural change of Russian manufacturers

During the last decade, the AvtoVAZ situation in the market was gradually becoming worse. In 1998-2000, the company had more than two-thirds in producing the Russian products. Afterwards, their share was gradually going down, yielding it to the growing producers from the other regions of Russia. The first short-term recession came in November, 2002, when AvtoVAZ had only about ***% of all cars manufactured in Russia. After that time, its share became equal quickly, but began its gradual descent. In March, 2007, for the first time during the observed period, AvtoVAZ produced less than *** of all Russian products. During the first 9 months in 2011… The share of ***% followed the similar dynamics, though not so dramatic and highlighted in the press – if in 1998 its share in Russian production was more than ***%, by the year 2011 it was reduced to ***% on a par. Their share was occupied by “new automotive production regions” – Kaliningrad, Leningrad, Kaluga Regions, Moscow and Saint Petersburg, where assembling of foreign cars was being developed dynamically.