Do any car markets still exist offering certain and guaranteed growth?
„Yes“ says Gerd Heinemann, the author responsible for an up-to-date
market study about the Russian automobile market.
“Even when projecting a negative scenario, it will still result in a
moderate market growth in Russia."
Even though Russia
cannot replace Germany as
the country with the highest number of car registrations in Europe,
and despite the massive decline in the last quarter of 2008, a record number of
new registrations will still be reached.
Definite growing potential for the aftermarket The Russian aftermarket for car parts, car chemicals, accessories and
tyres offer a huge potential for all carmakers, parts manufacturers and car
dealers.
Hence, the current car parc of about 29 million cars generates an
aftermarket potential amounting to almost € 7 thousand million.
According to ABH this potential is certain to grow, as the peak years
for new registrations and imports of used cars of the recent past now enter the
market. ABH estimates a yearly increase in volume of around 10%, solely from
the car parc already available.
However, the volumes of the aftermarket are still limited, as every
second car registered in Russia
is older than 10 years and more than every third is even older than 15 years.
The survey of brandnames also shows the limited potential for West European
parts suppliers, nearly 70% of the vehicles stem from Russian production.
Complex Structures Entry to the Russian market continues to present a challenge, because
Russian politics protects local companies from new competition. New entrants
must accept existing structures and position themselves within them.
After very intensive and not always straightforward research, ABH market
researchers have succeeded in selecting the most important car manufacturers
and car parts manufacturers in Russia.
As a result you can find real giants like the Rolf Company at the car dealer
level, who according to current publications have marketed nearly 140 000 new cars
per year.
Structures are developing at the parts dealer level as well. Hence, the
European co-operations AD, GAU and ATR are already widely represented and Temot
International has just gained EXIST - the parts dealer, as a partner.
In case of any further questions,
please do not hesitate to contact us.
ABH Marketingservice GmbH
Gerd Heinemann
Frank Drews
Weißhausstr. 23 a
D-50939 Cologne
www.abh.de Tel.: +49 (0) 221 / 944004-42
Fax.: +49 (0) 221 / 944004-90
E-Mail:
FDrews@abh.de