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Sunday, March 18, 2018

“Russian cars will gain a route to Asia through Vietnam”

The Russian automaker for the first time started to export the cars assembled in Vietnam. This event is interesting not so much the relatively small penetration of the Vietnamese market, but the possibility of further exports of Russian mechanical engineering in other Asian countries. Vietnam should become a launching pad for the establishment of export of the Russian cars in ASEAN.

The Russian division of French automaker Renault – “Renault Russia” – the beginning of export of Renault cars of Russian production to Vietnam, said in a statement.

“The Russian Assembly of cars in Vietnam is interesting from the point of view of their exports further to ASEAN countries”

Talking about Renault Duster, produced at the Moscow plant of the company, as well as Renault Logan and Sandero Stepway that are going on the capacities of AVTOVAZ in Togliatti. The first batch of cars ready for Vietnamese customers started from the beginning of February this year. “This first export to this country of passenger cars from Russia”, – said General Director of “Renault Russia” Andrey Pankov.

“There will be actually a unique situation when for the first time in Russia will be assembled cars vysokodekorativnye, which will be supplied to these foreign markets,” – said a top Manager.

Renault has decided to export to Vietnam cars it is Russian, not European Assembly. This is economically justified reasons. First, car production in Russia has been very favorable. The devaluation of the ruble opened even greater opportunities to expand exports. “In Russia some of the world’s lowest personnel costs, low cost energy, etc.” – says the newspaper VIEW head of Analytics Department of AUTOSTAT, Andrey Toptun.

Finally, Western manufacturers need to recapture the investment in the factories they built in Russia. “Foreign manufacturers have invested heavily in the Russian production site, has committed itself on localization, called in Russia of their partners componentsyou. They consider the Russian market as having huge potential. Accordingly, power to load and to look for new markets,” says the Stomper.

Exports of assembled cars in Russia in the CIS countries included in the Eurasian economic Union (EEU), no long surprised. For the first time collected foreign cars began to be exported to foreign countries. For AVTOVAZ is a key export market have been Kazakhstan, Ukraine and Azerbaijan (plus had a small sale in Egypt and Germany).

However, due to the economic situation began to sink in Russia and its closest trading partners. For example, in Kazakhstan car market fell by more than 40%. Among the buyers left Ukraine. As a result, in 2015, was sent for export only 30 thousand “Lad” is more than 50 thousand in 2014. the situation is Similar in the segment of light commercial vehicles and trucks of Russian brands KAMAZ, GAZ and UAZ.


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