29.05.2015 / Egypt may become a promising market for AVTOVAZ

Russian Automotive Market Research

The assembly of Lada cars is resumed in Egypt. The Russian automaker cooperates with al Amal Co. (formerly Lada Egypt) for 17 years. Initially the company produced «classic» Lada cars, but in 2013 suspended the assembly because AVTOVAZ ceased to produce outdated models. In it turn, the Egyptian company offered AVTOVAZ to organize the production of Granta, which will be launched in 2015. Al Amal Co. is capable to produce 9 thousand cars a year under one-shift mode of work.

At a recent meeting Egyptian partners also showed interest in new models Lada Vesta, Xray and 4x4 of the new generation, and AVTOVAZ will discuss the possibility of sales of these cars in Egypt.

This year the company plans to deliver a total of 1500 assembly sets the same number of finished cars to Egypt, and in the future – to sell 10 thousand cars a year. This can make Egypt the second largest export market for Lada sales after Kazakhstan. In 2015 AVTOVAZ intends to double supplies abroad – up to 100 thousand Lada cars.

29.05.2015 / «Rosgosstrakh» is prohibited to sell MTPL insurance policies

Russian Automotive Market Research

The Bank of Russia restricted the MTPL license for «Rosgosstrakh», the largest company in the market. The regulator received thousands of complaints against the insurer and issued 385 injunctions to it since the beginning of the year.

Now the company is prohibited to enter into new MTPL contracts and change the current ones. But the insurer is obliged to accept applications on the occurrence of insured events and fulfill its obligations under previously signed MTPL contracts. The Bank of Russia will control the making of MTPL payments by the insurer, is specified in the message.

The Central Bank decided to restrict the license because «Rosgosstrakh» did not fulfill the injunction to eliminate the violation in time. When concluding MTPL contracts «Rosgosstrakh» did not use the bonus-malus coefficient, which provides for a discount to the driver in case of the accident-free driving. Also the company is accused of unjustified refusal to conclude the MTPL contract and the imposition of additional services.

29.05.2015 / BMW opened a new dealer center in Kazan

Russian Automotive Market Research

BMW opened a new dealership in Kazan, which belongs to the holding Transtechservice. Transtechservice is the only official dealer of BMW in Kazan and the Republic of Tatarstan. The new center area of about 6 thousand square meters has a two-storey showroom for 25 cars – it presents the whole model line-up of BMW and BMW M models. In the showroom there are separate zones BMW Individual, BMW M, zone of used BMW cars and BMW M Performance. Area of service zone of a new Transtechservice dealer center is 530 square meters. There are 10 posts for car repair, as well as two washings. Capacity of a service center is up to 45 cars a day.

28.05.2015 / Prices for Nissan Qashqai and Nissan Juke decreased

Russian Automotive Market Research

Nissan announced new prices for Nissan Qashqai and Nissan Juke crossovers, which are valid in all Nissan official dealer centers in Russia beginning May 23, 2015.

The decrease in prices for Nissan Qashqai varies from 97 thousand to 108 thousand rubles depending on the version. Under existing conditions the price for Nissan Qashqai starts from 979 thousand rubles. In addition, buyers can receive a discount under the scrappage scheme and trade-in from Nissan, which will be 80 thousand rubles. The cost of the car including discounts under the scrappage scheme and trade-in starts from 899 thousand rubles.

The decrease in prices for Nissan Juke varies from 47 thousand to 53 thousand rubles depending on the version. Under existing conditions the price for Nissan Juke starts from 859 thousand rubles. The cost of the car including discounts under the scrappage scheme and trade-in (60 thousand rubles) starts from 799 thousand rubles.

27.05.2015 / New Brilliance model entered the Russian market

Russian Automotive Market Research

The Chinese brand Brilliance announced the launch of sales of a new model H230 in the Russian market. The car is available in two body types – sedan and five-door hatchback.

All H230 versions are equipped with 1.5-liter air breather petrol engine capacity of 105 HP. The power unit can be paired with 5-speed manual or 6-speed automatic gear box.

The price for a basic Brilliance H230 with manual gear box in a body sedan starts from 459 900 rubles. The version with automatic gear box will cost at least 529 900 rubles. The five-door hatchback H230 is sold only with automatic gear box at the price from 514 900 rubles.

26.05.2015 / Volkswagen offers special prices for a number of its models

Russian Automotive Market Research

From May 22 to July 31 Volkswagen offers customers the most popular models Polo, Jetta, Tiguan and Touareg in the Russian market at special prices. Special offer covers cars manufactured until May 21, 2015.

The price for Polo starts from 455 thousand rubles, Jetta – from 695 thousand rubles, Tiguan – from 995 thousand rubles, Touareg - from 2 million 495 thousand rubles. When buying Jetta, Tiguan and Touareg, the client receives a radio-recorder and air-conditioner/ Climatronic as a gift.

In addition, Volkswagen offers favorable terms for the loan and hull insurance. With partnership support from Volkswagen Bank the interest rate of 5.5% per annum is established for Polo and Jetta in any versions and 9.9% per annum - for Tiguan and Touareg in any versions. When buying Polo and Jetta in any versions on credit the hull insurance is 1.5% (the offer is valid only for the Moscow region, for drivers older than 30 years with the experience from 10 years).

25.05.2015 / Volkswagen launches new Polo to the Russian market

Russian Automotive Market Research

Volkswagen Polo received the new design of exterior and interior, as well as innovative technologies, offered in the class for the first time. The car will be available to order in Volkswagen official dealerships beginning the middle of June.

Volkswagen Polo will be offered to customers in three versions: Trendline, Comfortline and Highline. The version Trendline is equipped with 1.6-liter petrol engine capacity of 85 HP or 105 HP and 5-speed manual gear box. The version Comfortline and top Highline are available with 1.6-liter petrol engine capacity of 105 HP and 6-speed automatic or 5-speed manual gear box.

25.05.2015 / Prices for Peugeot and Citroen decreased

Russian Automotive Market Research

Peugeot announced the reduction in prices for the model line-up beginning May 22, 2015. The cost of all cars of the French brand will decrease by 10%. Now the cheapest Peugeot sedan (model 301) can be purchased at the price of 499 900 rubles, the most affordable crossover (2008) – 669 000 rubles, and the cheapest commercial vehicle (Partner) – 848 000 rubles.

Citroen also changed prices for its models. The most significant decline in prices concerned C5 (the cost of station wagon fell by 450 000 rubles, sedan – by 400 000 rubles), and the price for C4 Aircross decreased by 300 000 rubles. The model Jumper became cheaper by 220 000 rubles, C4 hatchback – by 200 000 rubles, C-Elysse – by 180 000 rubles, C4 Picasso – by 150 000 rubles, Berlingo – by 150 000 rubles, C4 sedan – by 90 000 rubles, Jumpy – by 30 000 rubles.

22.05.2015 / FAW resumes sales of cars in Russia

Russian Automotive Market Research

The Chinese manufacturer FAW resumes sales of cars in Russia. Currently the company offers three models for the Russian market: the compact sedan Оley, family V5 and the low-cost car Besturn B50. In the near future two new cars will enter the Russian market — a small urban crossover Junpai D60 and the larger crossover — Besturn X80. Now the company studies the possibility to supply these two models to the Russian market.

Junpai D60 is equipped with 1.5-liter engine capacity of 102 HP. The road clearance of a compact crossover — 181 mm. There is only one engine for this crossover — 1.5-liter air breather petrol engine capacity of 102 HP, which can be aggregated with 5-speed manual or automatic gear box. The front-wheel drive crossover Besturn X80 in basic configuration is available with 2.0-liter 4-cylinder petrol engine ET3 capacity of 147 HP.

22.05.2015 / New Subaru Forester became available under the program Subaru Drive

Russian Automotive Market Research

Subaru Motor together with UniCredit Bank resumed the lending program Subaru Drive for the purchase of new Subaru Forester of 2015 model year. UniCredit Bank is the exclusive partner of Subaru Motor under the program Subaru Drive, which covers Subaru Forester cars of 2015 model year, purchased beginning May 19, 2015 and issued until June 30, 2015.

Under the program Subaru Drive customers can purchase the new Subaru Forester on credit from the brand official dealers on special terms. The interest rate on the loan will be 5.5% per annum with the loan term of 12 months, 8.9 – 9.9% per annum with the loan term of 1 year or 11.9 - 12.9% per annum with the loan term of 3 years. The loan is provided in rubles, the minimum initial payment is 50% of the car value.