Search Results for: ctt-2016-moscow-report-russian-market-passes-bottom

2019-11-14

2019 GIE+Expo Posts Strong Growth. Battery Technology Continues Hot

GIE+EXPO: The Green Industry & Equipment Expo

GIE+EXPO is the annual gathering for all segments of the outdoor power equipment and lawn and landscape industry. The event is sponsored by the Outdoor Power Equipment Institute, the Professional Grounds Management Society and the National Association of Landscape Professionals.

This year, the show drew more than 26,500 people from around the world. The indoor exhibit floor and the Outdoor Demonstration Area covered 24,000 net sq. ft. more than last year.

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2021-05-18

Russia Economic Outlook – April 2021

Maxim Sakov, Market Consultant-Russia for Power Systems Research, discusses his Q1 2021 economic outlook for Russia in this episode of PSR PowerTALK.

Maxim Sakov
Maxim Sakov

Market Consultant Russia

Transcript

Welcome to the PSR PowerTALK podcast, produced by Power Systems Research.

00:06 Emiliano Marzoli:

From Power Systems Research, hello everyone. I’m Emiliano Marzoli, editor of PSR PowerTALK, and today I will discuss the economic outlook for Russia with Maxim Sakov, our marketing consultant in Moscow. Maxim provides our clients with economic and production forecasts for Russia each quarter. And thank you for joining us today, Maxim.

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2020-09-27

Production of First Russian EV Passenger Car Postponed

Zetta company has had to shift mass production of its Russian car “City Modul 1” until after 2020 because the Fund of Industry Development refused to provide credit of 99.9 million Rubles (about € 1.1 million).

Maxim Sakov
Maxim Sakov

According to the Fund opinion, the company has insufficient budget to start the production, even with the requested credit. “The company needs an investor, who will believe in market potential of the product, and will co-finance the project together with the fund. The fund is ready to consider application one more time as soon as such investor will be found,” the Fund said

“City Modul 1” would become first serial Russian electric car. Zetta plans to make the car on its own production site in Tolyatti; production capacity is 15,000 units per year.

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2021-01-25

Russian Auto Production Catching Up with Demand

The Russian automotive sector is expanding and has a good chance to meet existing payable demand, reports industry minister Mr. Manturov. He said the domestic market has taken fourth place in Europe by volume for the first time.

Car sales have  been growing the last three months, and dealers are talking about a shortage of inventory. If the production does not recover until Spring, the market will be short, they say. But the minister said OEMs will handle this challenge easily.

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2021-11-21

Assembly of Russian Railway Machine Kits Started in India

Technical specialist of Sinara Transport Machines (STM) has started work on assembly of RTM-32 kits in India. They also will supervise trial starts of finished machines. Kit assembly works are performed under a State program “Made in India”, if there is a localization level of 51%.

Based on Russian kits, there will be made rail padding and straightening machines, which are used during railway construction, repair, and maintenance. Also, the machines are working with wooden and concrete rail ties. Assembly is based on the production plant of San Engineering & Locomotives Co. Ltd, located in Bangalore which is acting as STM partner in the project.

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2021-08-24

Sales of Agriculture Machines in Russian Increase 50%

The Russian market for AG machines has increased by 1.5 times during the first six months of this year, reaching 93.9 billion rubles (US$ 1.27 billion). Production volume has increased by 45% to 112.7 billion rubles (US$ 1.54 billion).

The largest growth has been in the output of plows, climbing to 1,800 units and AG tractors – by 43% to 2,800 units. Production of sprayers has increased by 37.3% to 953 units. There has been a modest gain in production of grain combines, increasing 10.2% to 3,800 units, and self-propelled mowers, gaining 2.6% to 228 units.

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2022-02-20

New Russian 653hp Engine for Grain Combines

RUSSIA REPORT 
Maxim Sakov
Maxim Sakov

Tutaev Motor Plant has completed creation of 18.5 liter 8 cylinder Vee diesel engine TMZ-8807.10 with two turbochargers, electronic operation system and iron cast cylinder block heads. The powertrain pushes out 653 hp and is a part of new engine family, the TMZ-880. The development of the TMZ-880 family was started in 2016.

The new engine will be tested on the AG combine Palesse KVK-8060 made in the Belorussian Gomselmash plant in 2022. It will replace the German Mercedes OM-502LA. Decisions about mass production will be made, depending on test results

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PSR Analysis: A few years ago, Tutaev Motor plant became part of the KAMAZ structure. Since then, it has received a good boost in development. Among the new projects of TMZ are a joint venture with Chinese Weichai, and a new HHP engine range. PSR

Maxim Sakov is Market Consultant – Russia Operations for Power Systems Research

2021-04-25

Sales of Russian GAZ Trucks Started in Australia

Local dealers have received all-terrain trucks Sadko Next built especially for the local market with altered steering wheel and pedals and with different optics.

The AAV company from Brisbane has become a distributor of GAZ. The model has been introduced in local market under the name GAZ Track Master 4×4.

Tech specs of the Australian version of the truck are identical to its Russian version. It has 4.4 liter turbo-diesel of 150hp. It works with 5-step manual transmission and a transfer case, operated from the head panel. Basic options included cruise-control, air conditioner, multi-media system, snorkel and electric winch. Vehicle can move 2500 kg of cargo.

The cost of a truck is 90,000 Australian dollars, 40% more than in Russia. According to the local distributor, closest competitor price starts at AUD 120 000.

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PSR Analysis: The all-terrain vehicles market is not so big, but it can be used to open a door for other models. Sadko Next has recently introduced by GAZ Group. The vehicle has a good reputation because of a general quality and a moderate cost of ownership. PSR

Maxim Sakov is Market Consultant – Russia Operations for Power Systems Research

2020-07-26

Russian Government To Pay 60% of Expenses for Switching Vehicles to NG

The Russian government subsidies now will cover 60% of individuals’ and small business’ expenses for switching vehicles from gasoline to NG fuel. That’s up from 30%.

Maxim Sakov
Maxim Sakov

The minister of Power Industry has offered to increase subsidies for switching vehicles belonging to individuals and small business two times – from 30% to 60%. Another 30% will be paid by Gazprom at the expenses of its marketing program. Therefore, vehicle owners should pay only 10% of the cost to switch.

The government will assign US$ 0.7 billion (50 billion Rubles) for development of the NG fuel industry during the period 2020-2024. This includes an annual assignment of 3.5 billion rubles for gas fuel stations and 0.7 billion rubles for fleet modification.

There are 484 gas stations in Russia (May 2020), 329 of them belong to Gazprom. In 2019, the fuel sales on gas stations increased 30%.     Read The Article

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2021-10-23

Russian Car Sales in September Drop 22.6%

Sales on new passenger cars and LCVs in September 2021 declined 22.6%, according to the Association of European Businesses (AEB). In total, automotive salons and dealers have sold 119,4 000 cars, which is 34,9 vehicles less than in 2020 September.

According to AEB head Tomas Schterzel, “negative trend is going on” (in August the sales dropped 17%), although the totals for the first nine months of 2021 are showing 15.1% growth versus the same period in 2020. The shortage of vehicles on the market is connected to decreased production and the deficit of semiconductors. The energy crisis in China and UK, growing prices of raw materials and other problems will support negative trend in the market during the near term.

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PSR Analysis: The problem here is not only in components deficit, but primarily in the car prices going up and the consumer’s incomes going down. So, the negative trend will develop further. PSR

Maxim Sakov is Market Consultant – Russia Operations, for Power Systems Research