Sales of cars and light-duty trucks in Russia declined 1% to 145,500 units last month, the Moscow-based Assn. of European Businesses reports.
Volumes were mixed among the market’s four largest sellers. August sales by Lada and Renault rose 5% to 30,000 units and 12% to 13,000 units, respectively. Monthly volume dropped 2% to 18,500 vehicles for Kia. Volume was unchanged at 14,000 units for Hyundai.
Light-vehicle sales in Russia through the first eight months of 2019 totaled 1.11 million units, down 2% compared with the same period in 2018. Year-on-year volumes have declined each month since April, according to AEB.
For conducting business in the U.S. market, Toyota has historically had several separate business entities: a sales and distribution company headquartered in California (Toyota Motor Sales, USA); manufacturing operations (Toyota Motor Manufacturing North America); a racing subsidiary (Toyota Racing Development, USA); the Toyota Technical Center for R&D in Ann Arbor; and a design facility in California (Calty Design Research, Inc.). On April 1, 2006, Toyota merged its R&D operations and its manufacturing operations into a single company.
According to Sandor Piszar, Chevrolet truck marketing director, “We engineer and build our trucks with customers’ expectations in mind.
Once the playground of exotic car makers, the definition of a niche vehicle has expanded to include image vehicles for mainstream OEMs, and specialist models produced on high-volume platforms.