Russia is a major producer of automobiles, and at the same time one of the rapidly growing markets for the sale of automobiles. In 2013, Russia produced 217530,000 vehicles, and 41.4 million cars in 2011. In the early 80s of the 20th century, the production of automobiles reached 2.3 million, ranking fifth in the world, and the Soviet Union reached the peak of its development history.
The main state-owned automobile companies in Russia include: Volga Automobile Plant, Gorky Automobile Plant, Lykhachev Automobile Plant, Kama Automobile Plant, Yelabuga Automobile Plant, Ulyanov Automobile Plant, Gorytsask Bus Plant, Lenin Komsomol Automobile Plant, and Chaporosh Automobile Plant. The gas automobile factory is the main production base of cars. The Gorky Automobile Plant is a production plant for the AvtoVAZ car and the GAS truck. Russia is the largest car producer not only in the CIS but also in Eastern Europe, with car manufacturing companies producing about 1 million cars a year, which is able to meet 60% of domestic demand. Therefore, the auto parts exhibition in Russia has also attracted the attention of all walks of life around the world, in order to promote and drive the best exchanges between countries.
Exhibit Hours: August 19-22, 2024.
Holding cycle: Held annually.
Exhibit Location:: Ruby International Exhibition Centre, Moscow.
exhibitionwill dataIn 2023, the exhibition area will be 100,000 square meters, and 1,400 exhibitors will showcase new technologies, new product design concepts and services at the exhibition, covering various production lines from auto parts, auto supplies to auto maintenance industry, attracting 56,077 professional visitors.
Exhibition Introduction:
MIMS Automechanika Moscow is a professional international exhibition jointly organized by ITE Exhibition Company and Messe Frankfurt (Russia), which is held in Moscow every year. The 2023 Russia (Moscow) International Auto Parts Exhibition covers an area of 100,000 square meters, and 1,400 exhibitors displayed new technologies, new products, design concepts and services at the exhibition, covering various production lines from auto parts, auto supplies to auto maintenance industry, attracting 56,077 professional visitors from 77 states of Russia. The exhibition is the most internationalized, largest and widest professional event in the automotive industry in Russia and the CIS region. By participating in the exhibition, Chinese enterprises can further promote first-class cooperation and technical exchanges, and gradually occupy a place in the Russian and CIS markets.
Market analysis
In recent years, the automotive industry has been one of the fastest-growing industrial sectors in Russia. With the strong support of high oil prices and relevant policies, its automobile consumer market has expanded dramatically, and was once regarded as a rising star in Europe by the industry. Although the economic crisis has had a favorable impact on the ratio of imported and domestically produced car sales, the proportion of sales in the first half of the year increased from 25.5% in the same period last year49% increased to 2666%, but foreign forces such as imported cars and assembled cars are still the dominant force in the Russian automobile market, accounting for the main share of the market.
As one of the members of the BRICS, Russia is becoming the new darling of the global automotive industry after China and India. Its most striking feature is that more and more joint venture car factories have appeared or are about to appear on the Russian map. According to the latest regulations in Russia, overseas automakers need to submit an investment plan to build factories in Russia to the Ministry of Economic Affairs in order to obtain preferential policies with minimum or zero import tax reduction for auto parts. This provision has undoubtedly accelerated the influx of foreign capital. China's auto parts industry has a good market prospect in Russia with its advantages of high quality and low price, coupled with the good relationship between China and Russia.
In addition, the Russian-Ukrainian war has led to Russia's main reliance on Chinese imports, and the two sides have reached a deep consensus on future cooperation, and the original auto parts market share is being reshuffled, which is a major positive signal for China's auto parts industry to enter Russia.
The world's major automakers are optimistic about the Russian market, but at present, the world's famous brand cars are landing in the Russian market. In the face of so many competitive gunmen, Russian automobile manufacturers must face the reality of fierce competition in order to survive and develop. Russia's development is inseparable from the preferential and support of national policies, and on this issue, Russia has always attached great importance to and supported the development of its own country, which is an important condition necessary for its development. Secondly, it is inevitable that the automobile manufacturers that can rapidly grow into strong strength in the domestic market in the recent short period of time must be the automobile manufacturers that already have strong strength. There are currently several such car factories in Russia. For foreign investors, it is these manufacturing plants that are more attractive to foreign investors.
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