The output of Russia’s Rostov Region-based Taganrog Automobile Plant, or TagAZ, climbed 77.7% on the year to 6,226 cars in January-March, according to data released by the Rostov Regional Statistics Service on Tuesday.
Go deeper with GlobalData
According to the Prime-Tass news agency, In March, TagAZ, which is part of the Doninvest trade and industrial group, produced 3,100 cars, up 79.3% on the year and 3.3% on the month.
According to the company’s press service, in January-March the plant sold 6,969 cars. No comparisons were provided.
This includes 5,564 Hyundai Accent cars, up 78% on the year, and 1,405 Hyundai Sonata cars. No comparisons were provided for the Sonata.
TagAZ has been producing Hyundai Accent sedans since 2001, and Hyundai Sonata EF models since April 2004.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAn official with TagAZ told Prime Tass that the company is assembling a pilot batch of 20 Hyundai Porter trucks, and should finish building them in mid-May.
TagAZ’ output increased to 30,000 cars in 2004 from 5,896 cars in 2003.
