Released on = June 5, 2006, 12:21 am

Press Release Author = RNCOS

Industry = Automotive

Press Release Summary = RNCOS Research:
(http://www.marketsmonitor.com/category/IM036.html) Russia has had a growth in sales
of world brand cars. Its automotive market has grown at an annual rate of 5-7% and
is expected to cross 2.33 Mn car sales by 2014.

Press Release Body = RNCOS Research:
(http://www.marketsmonitor.com/category/IM036.html) In early 2006, Russia has had
the same sales growth as in 2005 of nearly all world car brands. The market has been
steadily growing in the past few years and is expected to continue to do so. There
is an increasing demand for foreign models, which is mainly responsible for this
growth.

Although Russian automotive industry stand to no comparison with the carmakers of
US, Western Europe and Japan in terms of productivity, quality and customer service
yet it has grown at an annual rate of 5-7% in the past few years.

Another point to note is that car ownership in Russia over the last decade increased
3.6 times to the present figure of 178 vehicles per 1,000 inhabitants. It is further
expected that annual car sales will increase more than 2.33 million by 2014 jumping
by almost 1.5 fold times from its position in 2004.

RNCOS has provided a detailed structural and distribution analysis of Russian car
market in its recent market research report called "Russian Automotive Industry
Forecast (2006-2011)." In it predictions are made that -
· Sales of domestically manufactured cars will remain more or less consistent
throughout 2005-2010.
· Russian assembled cars of foreign parts, which presently make a sale of 220,000
units, will further, gradually grow by 2010.
· Brand new imported cars will enter the Russian market and will escalate by 2010.

The research report "Russian Automotive Industry Forecast (2006-2011)" deals with
some of the analysts' important concerns -
· Cross section study of different segments and their structural changes occurring
in Russian automotive industry.
· Impact of government policies and reforms on the industry.
· Future projections and recommendations about the automotive industry in Russia.
· Analysis of the prevailing opportunities and challenges in the industry.
· Profile of key participants in the Russian automotive sector.

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 via MarketsMonitor 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
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Industry research information and niche market analysis.

To purchase your copy: http://www.marketsmonitor.com/category/IM036.html
For more information about the report please visit www.marketsmonitor.com


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