Russia Autos Q1 2020

Russia Autos Q1 2020

Key View:

We forecast total vehicle sales to decrease by 1.1% in 2020 after an estimated 3.0% contraction in 2019. Stagnating realincome, an increase of vehicle utility tax from January 2020, and the reduction of government initiatives' scope will weigh on vehicledemand. However, monetary easing will translate into relatively low interest rates on loans, providing support for vehicle sales onfinance. This is especially true for the models that fall under the state-run programmes despite the reduction of models that fallunder the incentives on the back of the upcoming price increase from a higher utility tax. However, we highlight the significantpolitical and economic risks that Russia's automotive sector will face over the coming years.

Key View
Autos SWOT
Industry Forecast
Industry Forecast Scenario
Passenger Vehicles
Commercial Vehicles
Industry Risk/Reward Index
Europe Autos Production Risk/Reward Index
Europe Autos Sales Risk/Reward Index
Russia Autos Sales Risk/Reward Index
Russia Autos Production Risk/Reward Index
Company Profile
Ford Motor
General Motors Company
Regional Overview
Emerging Europe Overview
Russia Demographic Outlook
Autos Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook