The production of LCVs by 2024 will subside

02.10.2019

In 2019 the production of LCV in Russia will decline by 2.3%

According to the forecast of RAMR in the first half of 2019 the production of new light commercial vehicles (LCV) declined by 5.4% compared to the same period of 2018.
Under the baseline scenario of the forecast, 2019 will be made 126,83 thousand malotonnazhnogo, which is 3.8% lower than in 2018. Optimistic forecast gives the rate of production of 128.8 thousand, which is 2.3% lower, pessimistic, generally, gives a decline of 5.3% to thousand of 124.85

It is interesting that forecast for 2024 yields in the baseline scenario the decline in LCVs to 118.37 million (-10,2% by 2018). The optimistic scenario is a decline, although only by 1% to 130,57 thousand, and the pessimistic, in General, by 25.3% to less than 100 million (98.5 thousand), i.e. the production of LCVs will be reduced by more than a quarter.