KamAZ CEO Sergey Kogogin said that the company expects abnormally high sales of heavy trucks in Russia in 2023. According to the manufacturer’s predictions, the market could grow to at least 120,000 vehicles against 75,000 in 2022. Agency reports DEA News.
According to Kogogin, this will be the highest figure in the last 15 years. Thus, the growth in the sales of heavy trucks weighing 14-40 tons can be around 60 percent.
“China invades (market — Approx. ed.). Accordingly, demand is increasing: these are roads, dump trucks with abnormally high volumes, the tractor market is starting to recover,” he said.
Previously, KamAZ planned to sell 44-50 thousand trucks in Russia in 2023. However, the forecast was revised upwards due to favorable market conditions.
KamAZ is Russia’s largest truck manufacturer. Its main shareholders are state company Rostec, Avtoinvest and Daimler.
In mid-July, the President of Sberbank visit “KAMAZ”.
Earlier it became known that the leadership of KamAZ. augmented wages at the factory at 10%.