Research and Markets: Russian Automotive Market: Passenger Cars, Components and Aftermarket 2010 -2015

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bbeb67/russian_automotive) has announced the addition of Globis GmbH's new report "Russian Automotive Market: Passenger Cars, Components and Aftermarket 2010 -2015" to their offering.

“Russian Automotive Market: Passenger Cars, Components and Aftermarket 2010 -2015”

With a population of over 140m, Russia is an attractive market, measured by the number of potential consumers. With a pre-crisis GDP-growth of 8% and a post-crisis growth of 4%, Russia's economy is growing fast, compared to other European markets.

The Russian automotive market was hit severely through the economic crisis in 2009. The new car market collapsed to 50% of the volume of 2008. However, the crisis led to a change of what was believed to look like the future of the Russian automotive market: pre-crisis estimates saw Russian brands lose strongly or even go out of business in the future. Today, it looks like some Russian companies will play a major role in the automotive market in the future, driven by the increased attention during the economic crisis.

The old industrial assembly regime, granting preferential treatment to companies manufacturing in Russia, is about to be changed into a new regime, starting from 2012. The new regime requires much heavier investments (capacity of participants need to reach 300.000 units p.a.) and certain localization rules. This move will lead to 6 to 8 large national car makers in Russia and a more sophisticated supplier industry in Russia. For suppliers, investments in Russia will become more attractive.

The consumer potential together with increasing income makes Russia one of the most attractive markets for the world automotive industry. In 2015, Russia is expected to be the largest car market in Europe, overtaking Germany.

Report's Key Features:

The report titled "Russian Automotive Market: Passenger Cars, Components and Aftermarket 2010 -2015" covers data from 2010 and forecasts from 2011, 2012, 2013, 2014, and 2015.

To prepare this market report, primary and secondary research methods were used: expert interviews and consumer surveys - in particular for the market of automotive parts, which is not covered yet by any substantial statistical data - and standard analysis of secondary information available on the topic.

Key Topics Covered:

• Country Basics
• Russian Passenger Car Market
• Russian Automotive Industry
• 5 Russian Components And Spare Parts Market
• Summary And Outlook
• Appendices
• Abbreviations

For more information visit http://www.researchandmarkets.com/research/bbeb67/russian_automotive