Great Wall will start producing vehicles in Russia in 2019
- The Great Wall Chinese group will start producing vehicles in Russia as of the first half of 2019, in its future factory located in the Tula Oblast (central Russia).
- The site will first assemble the Haval H7 and H9 SUVs, as SUVs now represent 25% of sales in Russia, and their progression is constant.
- At full capacity, the site will be able to produce up to 150,000 vehicles per year. Initially, the production should have started in 2018, but the manufacturer preferred to postpone the start of this plant for one year. The Great Wall Group plans to expand the distribution network for its Haval brand in Russia, to 65 dealers by 2020 (against twenty currently).
- With the launch of production in Russia and the expansion of its local distribution network, the Chinese manufacturer hopes to bring its sales in Russia to 20,000 units per year by 2020.
- By way of comparison, Great Wall exported only 1,138 vehicles to the Russian market in the first half of 2018, while the overall market totaled 850,000 registrations over this period. Great Wall's market share is therefore less than 0.2% of registrations. However, the builder is still optimistic, even given the painful closure of its Bulgarian factory in Lovech in 2016.
Contact us: info@inovev.com