Russia’s largest truckmaker, Kamaz, said it has seen a gradual improvement in sales this year and expects 10-15% growth in 2010.
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Head of marketing and advertising Ashot Arutyunyan told Russia Today TV that the company, 10% owned by Daimler, currently sees monthly sales about 25% below pre-crisis levels of 4,000 trucks a month, but this is up from around 1,000 a month in November last year.
He said: “2010 will be very hard. I’m waiting for 10%, maybe 15%, growth in the truck market in Russia.”
He added that 2011 should be better, with market growth of around 30%, and Arutyunyan also pleded support for fellow Russian auto maker AvtoVAZ .
He said: “If our colleagues from AvtoVAZ will need any help, I mean some technological help or some analytical help in any way, we can do it.”
Kamaz made a loss of RUB2bn in the first half of the year but assured investors it could rely on state support if conditions worsened.
