kolesa.ru. – The company CEO: Sergei Kogogin has said the following on the export policy of the Russian auto manufacturer for 2016:
“Last year’s export ratio of non-CIS – 25% against CIS -75% has changed to 30% – 70% in 2016 – as stated by the head of KAMAZ. – Today, we’re witnessing an economic crisis in almost all CIS countries, raw materials being at the root of all problems. We had to re-orient the exports urgently and so we did. Our previous largest export market Kazakhstan has been replaced by Vietnam this year, which is followed by Cuba in the second spot.”
“We consider a return to the Vietnamese market in the near future. There’s no need for production yet, as the government of the country has changed the rules of the customs fees on complete automobiles and SKD. The delivery of complete trucks turned out to be more profitable than manufacturing on the spot – noted Sergei Kogogin. – However, our plant in the country is kept, operating in a stable manner, making profit. Repairs of vehicles and mining equipments are the main operations carried out at the plant. KAMAZ is the largest shareholder of the factory. As soon as the governments of Russia and Vietnam sign an agreement on a free-trade area, we will have the opportunity to resume operations at the factory.”
The Russian manufacturer tries to establish cooperation in India, alongside Vietnam: “The Indian market remains important for us, we have sold more than 1000 vehicles in the country”. The general director has added that the engineers have completed the development and the certification of the vehicles to the requirements of the Indian market and the first production lot has already been manufactured.