Russia’s auto production decreases by 61% in 2009

Moscow, August 26: Russia’s auto production decreased by 61.4 percent in the first seven months of the year, a report said.

The production of vehicles – cars, trucks and buses – stood at 414,100 units in comparison to 1,071,000 in 2008, a report by ASM Holding, country’s automobile industry monitoring agency said.

Between January-July, production of Russia-designed cars dropped by 36.3 percent in contrast to 2008 and amounted to 185,020 cars, report said, adding that the output of foreign-brand cars in Russia went down by 46.9 percent.

In the same period, car production by Russia-located assembling plants amounted to 114,300 cars or 53.4 percent lesser than in January-July 2008, the agency said.

In the first seven months of the year, Russia’s truck production decreased by 71.4 percent to 48,700 trucks in comparison to 170,262 vehicles in 2008.

The production of buses also dropped by 61.6 percent to 16.113 units, as compared to 41,914 buses in 2008.

–Agencies