Vehicle sales in the recent high-flying emerging market of Russia are stalling, and auto makers, both foreign and domestic, are struggling to avoid growing inventories. PricewaterhouseCoopers Russia forecasts a 25%-50% drop in the country’s light-vehicle sales this year, with production tumbling to 1.6 million vehicles from 3.2 million in 2008, as the global financial crisis cancels two years of rapid growth. That’s a far cry from PwC’s forecast last summer that Russians would buy more ...
Premium Content (PAID Subscription Required)
"Russian Auto Industry Facing Tough 2009; Big Players to Ride-Out Downturn" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642