Russian truck brands by 2023 can both win and fail in the market

RAMR has published a forecast of sales and production of trucks until 2023

Agency Russian Automotive Market Research has published a report "Forecast of truck market in years 2018-2023" in which she presented the medium-term forecast on sales of new trucks and production trucks for the period 2018-2023 forecast baseline forecast growth in truck sales will be in 2018, not less than 6.63% to 84,5 thousand By 2020 the proportion of new trucks of the Russian brands unfortunately will shrink, even in an optimistic scenario, but then in the baseline and the optimistic scenario will increase to 51,34% by 2023.



However, a possible and a pessimistic scenario in which after a peak in 2018 at 42.1 thousand trucks of the Russian brands, their sales will continually decline to 36,44 thousand in 2023 or of 13.44%.
In the RAMR report also presents new information on the dynamics of average prices and financial market capacity of new freight cars.