The segment of
minivans suffered most in the commercial transport sector.
MOSCOW, June 13.
/TASS/. Capacity utilization of systemic companies in the Russian automotive
industry declined from 50% to less than 30% after two months of the lockdown
due to the coronavirus pandemic, Izvestiya newspaper reports on Saturday,
citing data of the Russian Ministry of Industry and Trade.
Automobiles
production plummeted by 60.2% year-on-year in April 2020, according to the
Russian statistical agency Rosstat. Key reasons for the decline was suspension
of operations by automobile plants because of nonworking days in the country
during the pandemic period, disruption of imported components’ deliveries and
falling demand, the agency told the newspaper.
The segment of
minivans suffered most in the commercial transport sector, GAZ Group told
Izvestiya. The plant capacity utilization fell more than twofold in June 2020
on an annualized basis, according to Group data.
Russian President Vladimir
Putin announced nonworking days in the country from March 30 to May 12 in order
to lower coronavirus infection spread rates. Operations of many economic
spheres were suspended, except those that cannot be stopped: energy,
construction and utilities sectors.
Source: ITAR-TASS
14-06-2020
