Back to the list

XII Annual AMC Press Conference "REVIEW 2018"


On 14 January 2019, the Automobile Manufacturers Committee of the Association of European Businesses held its XII Annual Press Conference "REVIEW 2018". 
The event took place at the Hotel Intercontinental Moscow Tverskaya. 

Main speakers at the Conference were Frank Schauff, AEB CEO, and Joerg Schreiber, AEB AMC Chairman (Mazda Motor Rus LLC). 

At the Press Conference, the sales results of the Russian automotive market in 2018 and prospects for 2019 were presented. 

In December 2018 sales of new cars and light commercial vehicles in Russia increased by 5,6 % compared with December 2017 or by 9 227 sold units, and amounted to 175 240 cars, according to the AEB Automobile Manufacturers Committee (AEB AMC).

In 2018 new car and LCV sales increased by 12,8% or 204 854 units in comparison with the previous year.
In January—December 1 800 591 cars were sold. 
ROD_4958 (2).jpg
The AMC Chairman, Joerg Schreiber commented on market results in 2018 and announced the AMC forecast for 2019:  

“Total market sales in December improved by 5.6% on an annual basis, closing the year with a 12-month streak of consecutive growth. Thus, cumulative sales in 2018 reached 1.801 million units, posting a 12.8% plus compared to the prior year.

The outlook for 2019 is not so straightforward. Consumer tax increases and a possible tightening of US sanctions create significant risks and uncertainties for the market performance especially in the first quarter of the year. Assuming no drastic change in government policy and support for the automotive sector, market participants, however, expect that fundamental market demand should be robust enough for sales to consolidate and to return to a growth pattern in the course of the year. With this in mind, our 2019 full year prediction for sales of passenger cars and light commercial vehicles in Russia is a moderate improvement to 1.87 million units, or by 3.6% compared to the prior year”.             

More photos are available HERE

Silver sponsor