Russia’s vehicle output fell 63.6% on the year to 271,997 units in January-May, according to ASM Holding.

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The report said that car output fell 61.5% on the year to 230,234 units in January-May, while truck output fell 73.5% to 31,543 units.


Russia’s vehicle output amounted to 1.788 million units in 2008, up 7.6% on the year, ASM Holding said earlier.


The decreases to output this year are in line with the decline in the Russian car market.


According to the AEB, sales of new passenger cars and LCVs in Russia decreased by 58% in May 2009 and by 47% in the first five months of 2009, as recession and lack of credit took their toll.

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See also: RUSSIA: Sales slide further, but there is some optimism [includes data]



 

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