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Automotive
The mission of the Automotive industry – one of the most globalised industries – is to provide safe and accessible transportation for the world’s increasing population. The industry is one of the main engines of economic growth, with important multiplier effects both in upstream sectors such as metal processing, chemicals, and textiles, and in downstream sectors like ICT, trade and services. It is also one of the biggest innovators on a global scale, rapidly adopting breakthrough technologies that address the need for more efficient and environmentally-friendly transport solutions.
The Automotive industry involves the manufacturing of bodies, engines, parts and whole vehicles for ground transportation. Such vehicles include motorcycles, cars, light commercial vehicles and heavy commercial vehicles.
The automotive industry in Russia has a relatively small share in the country’s economy and employment. The sector generates less than 1% of Russia’s gross domestic product (GDP) and provides employment to about 600,000 people, or less ...
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The automotive industry in Russia has a relatively small share in the country’s economy and employment. The sector generated just 0.3% of Russia’s gross value added (GVA) in 2016 and provided employment to 578,300 people, or less than 1% ...
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Globally, the Russian automotive sector ranked 12th in terms of sales and 14th in terms of production in 2015. In 2015, its share in the new automotive sales worldwide fell to 1.6% compared to 2.9% share in 2014 as a result of the economic crisis ...
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