PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Consumers Switch to Subcompact Cars in Russia Finds Frost & Sullivan - Customers are placing higher importance on powertrain and ride quality-related features - Automotive.Frost.com
Consumers Switch to Subcompact Cars in Russia Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2014/11/28 - Customers are placing higher importance on powertrain and ride quality-related features - Automotive.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Russia will emerge as a top automotive market in Europe as consumers in the country are beginning to place emphasis on driving dynamics and are willing to pay more for advanced driveline technology features. Government initiatives such as subsidies, scrappage schemes, and customs duty exemptions for original equipment manufacturers (OEMs) that match localisation criteria will further quicken growth in the Russian automotive industry.

New analysis from Frost & Sullivan, Executive Outlook of Developments in the Russian Automotive Industry, finds that sale volumes for passenger and light commercial vehicles are projected to cross 3 million units by 2020. The subcompact segment will account for more than 40 percent of light vehicles sales in this period.

“Customer preference for smaller, fuel-efficient cars will push the subcompact and crossover vehicle segment to grow the fastest,” says Frost & Sullivan Automotive and Transportation Consulting Analyst Anna Ozdelen. “Russian consumers also place higher importance on features related to powertrain and ride quality than those in the United Kingdom, France, and Germany.”

Further, low vehicle density and an aging fleet of cars in the country will add to the demand for new vehicles. In fact, OEMs such as Renault-Nissan will penetrate further into the subcompact and SUVs segments. The scrappage scheme introduced this year is boosting subcompact sales too. The low saturation levels in Russia compared with the United Kingdom, France, and Germany have helped with continued growth.

However, this demand will be tempered by geopolitical tensions in Ukraine, sanctions imposed on Russia by other countries, a deteriorating economic situation undermining consumer confidence, and market saturation in big cities. Vehicle manufacturers must turn their attention to small cities such as Nizhny Novgorod, Chelyabinsk, Rostov-on-Don and Kazan that will offer better opportunities.

“Russia will also be a key market for in-vehicle infotainment and telematics systems,” notes Ozdelen.“Vendors can capitalise on consumers’ penchant for high quality and value packages to make inroads in the country’s automotive market.”

Executive Outlook of Developments in the Russian Automotive Industryis a Market Insight that is part of the Automotive & Transportation (automotive.frost.com) Growth Partnership Service programme. The Insight aims to understand the Russian automotive market and develop a market forecast. The study examines changing consumer preferences as the country navigates through political crises and an economic slowdown.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on “the next big thing" | Register: Gain access to visionary innovation

Executive Outlook of Developments in the Russian Automotive Industry / MAB7-18

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Consumers Switch to Subcompact Cars in Russia Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Chiara Carella - Frost.com 
+44(0)20 7343 8314 / +44(0)75 3301 7689 (mobile) chiara.carella[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

eRetailing, Telematics and Service Aggregation Boost Evolution of Global Automotive Aftermarket in 2017 Finds Frost & Sullivan
Frost & Sullivan Names Drivewyze Company of the Year
Auto Hrvatska, Croatian Importer of MAN Truck & Bus Celebrates its 65th Anniversary
Original Equipment Service Providers in the CV Aftermarket to Edge Out Independent Aftermarket Participants Finds Frost & Sullivan
Frost & Sullivan Commends High Mobility's Potential to Disrupt the Connected Car Market
Beam Axle Market to See Incredible Growth During 2017-2025 Says Persistence Market Research
Suspension Ball Joint Market Rugged Expansion Foreseen by 2025 According to Persistence Market Research
Automotive Manufacturers Leverage Fintech through Partners to Deliver A Differentiated In-vehicle Experience Finds Frost & Sullivan
Axle Bushes Market to Witness Growth Acceleration During 2017-2025 Says PMR
Favourable Government Initiatives and New EV Business Models Boost Poland’s Electromobility Market Finds Frost & Sullivan
Car Washing System Market to Witness Comprehensive Growth by 2026 Reports Persistence Market Research
Autonomous and Connected Technologies to Decrease Transportation Costs to Under 1$ per Mile According to Frost & Sullivan
New Business Models and Aging Car Market Boost UK Automotive Aftermarket Finds Frost & Sullivan
Sales of Automotive Filters Set to Rake in US$ 17.6B by 2025 Reports Persistence Market Research
Voyages Emile Weber, Losch Luxembourg and MAN Collaborate on Emissions-free Public Transport System

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  RightITnow Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)