h1

Featured Trade Event: U.S. Automotive Parts and Components Trade Mission to Russia

November 1, 2011

April 22–28, 2012
U.S. Automotive Parts and Components Trade Mission to Russia
Moscow, St. Petersburg, and Samara, Russia

Saint Basil’s Cathedral, Moscow. (© Jupiterimages/Getty)

Saint Basil’s Cathedral, Moscow. (© Jupiterimages/Getty)

This mission is designed to provide an opportunity for a diverse cross-section of U.S. companies that sell automotive goods and services to explore Russia’s rapidly expanding car and truck assembly market. It will be led by Michelle O’Neill, deputy under secretary of commerce for international trade.

With more than140 million consumers and a growing middle class, Russia remains one of the most promising markets for U.S. exporters. Sales of cars and trucks in Russia are currently growing at an annual rate of 30 percent. In 2010, Russian customers purchased 1.9 million cars. This figure includes 646,000 new Russian cars and 1.25 million foreign cars, both imported and produced in Russia. Importers forecast continued rapid growth of approximately 20 percent in 2011. If these trends continue, most experts project Russia will be the largest automotive market in Europe within the next few years.

Foreign automakers have taken notice of the Russian automotive market’s potential for growth and are building assembly plants to meet the increasing demand for high-quality automobiles. General Motors, for example, has a $335 million plant in Togliatti, a joint venture with Russian auto giant AvtoVaz. Other major international producers, including Nissan, Toyota and Hyundai, have made significant investments in St. Petersburg and the surrounding Leningrad oblast, turning it into a new automotive assembly cluster.

Specific automotive sectors targeted for attention by this trade mission include components for vehicle manufacture, replacement parts, aftermarket products, repair equipment, testing equipment, and software and engineering services.

The mission will begin in Moscow and will include site visits and consultations in St. Petersburg and in two centers of the Russian auto industry, Samara and Togliatti. In addition to market briefings by industry experts, the mission program will include opportunities to meet key Russian government officials and decision-makers, one-on-one meetings with potential business partners, and site visits to automotive assembly plants and component manufacturers.

The cost to participate in the trade mission ranges from $4,952 to $5,701 per company for one representative, depending on firm size. There is a $1,220 fee for each additional company participant. The fee covers all in-country travel and one-on-one meetings, but mission participants will be responsible for travel to and from Russia, lodging, most meals, and incidentals. Applications must be received by January 6, 2012. For more information about the trade mission, visit its Web site or contact Eduard Roytberg of the USFCS, tel.: (909) 466-4138; e-mail: eduard.roytberg@trade.gov, or Kenneth C. Duckworth of the USFCS, tel.: +7 (812) 326-2560; e-mail: kenneth.duckworth@trade.gov.

A related webinar, “The Russian Automotive Sector—New Opportunities for U.S. Suppliers,” will be held November 17. For more information, go to http://export.gov/industry/auto/russia039444.asp.

11 comments

  1. That is incredible to see just how far Russia has been moving forward in the auto industry. Great article, thanks for posting.


  2. It sounds like Russia is really coming into it’s own here in the near future. I wonder if the growing car and truck market there will follow the US trends of mostly gasoline engines with a small percentage of diesel? Or will the market trend more with Europe where diesel engines are much more common?


  3. U.S. companies that sell automotive goods to Russia, this is a step into the market to be competitive car industry.


  4. That’s pretty cool that US is expanding into Russia. I wasn’t aware it was by that much. 30% Wow!


  5. It looks like you are right. The increase of Russian car sales (30% shocked me too) will have people from all over the world to expand into the country. It looks like Michelle O’Neill did her homework and hopefully the results will benefit!


  6. To become the top leading nation in producing automobile, the US auto makers need to think better than the Competition….specifically Japan. The top Japanese Automakers Toyota, Honda, Nissan are the worlds best selling most reliable well designed vehicle’s on the planet, they make up for the largest selling vehicle’s in the world. Here in the U.S we have the ability to overtake the Japanese market if we can only produce well designed, reliable vehicle’s . I own and operate Sanfords Automotive repair Salem Oregon and have been in business for over 30 years and have repaired a large number of Domestic and Foreign vehicle’s and for the most part I would never buy a American car, they simply are JUNK! sorry, I love America but the products we make are inferior to Japan, simply put they make better Automobiles, electronics, appliances etc.


  7. It’s good, Russia is become the top leading country in producing automobil in the near future. It’s growing car and truck market there will follow the US trends of mostly gasoline engines with a small percentage of diesel? Or will the market trend more with Europe where diesel engines are much more common?


  8. US companies that sell automotive goods to Russia are doing a very good job. This is the way to be aggressive in automobile trade not only in Russia


  9. This is good for both country’s economy. It means they are now open to great opportunities like this.


  10. This is a great start for US, especially now! We should really do this for our economy.


  11. I agree the U.S. company that sells goods to the Russian automotive doing an excellent job



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 345 other followers

%d bloggers like this: