Released on = June 5, 2006, 11:16 pm

Press Release Author = RNCOS

Industry = Automotive

Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/IM036.htm)
Russian car market ranks fourth worldwide in terms of growth. The share of work
outsourced by Russian OEMs will be as high as 45% in 2010.

Press Release Body = RNCOS Research: (http://www.rncos.com/Report/IM036.htm) Having
sold about 1.45 million cars in 2005, Russia ranks among the top ten sellers in the
world. Just as Russia's present car market is impressive so is its future growth.
Russia stands fourth worldwide. As incomes among Russian population grow resulting
in a high demand for replacement vehicles, the Russian car market becomes sounder.

Russian carmakers have a high level of vertical integration. This has been a hurdle
for the development of a modern supplier market making it difficult to withstand the
international competition. But with respect to exports, Russia can become a
significant member in the world automotive sector. While the growth prospective in
various parts of the world is low, Russia offers good opportunities, which the
automotive and supplier industry should quickly grab.

RNCOS has published a report namely "Russian Automotive Industry Forecast
(2006-2011)" which answers a checklist for potential investors in Russian automotive
market.
· Quality assurance through own management in case of joint ventures.
· Industrial leadership and independence of local partner.
· List of potential local partners and framework of conditions prior to signing
agreements.

The research report gives insights into certain facts to enable decision-making -
· There would be six-fold increase in the production of foreign OEMs over the next
ten years.
· There may be an annual growth rate of 22% in OEMs.

There is immense growth potential for international suppliers to Russia's automotive
sector. RNCOS has made an intensive market study to forecast that the share of work
outsourced by Russian OEMs will rise to 45% in 2010 compared to 24% in 2004. The
same period will have a three-fold increase to 39% in the locally made components in
foreign vehicles. This upswing is essentially because the Russian OEMs are keen to
purchase components from international suppliers who have greater environmental and
safety standards.

The report also discusses about the world automotive industry much beneficial to the
investors and industry players.

The market research report covers a Forecast and Analysis section, which provides
the market sizing in detail along with a three-year forecast of the Russian
automobile market divided into two parts - technology and feature.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM036.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com