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Raiffeisen-Leasing participated in the IX Annual Press Conference «REVIEW 2015» of the Automobile Manufacturers’ Committee of the Association of European Businesses

On 14 January 2016, Raiffeisen-Leasing traditionally sponsored the IX Annual Press Conference «REVIEW 2015» held by the Automobile Manufacturers Committee of the Association of European Businesses, which took place at Hotel Intercontinental Moscow Tverskaya.

Main speakers at the Conference were Frank Schauff, AEB CEO, and Joerg Schreiber, AEB AMC Chairman (Mazda Motor Rus LLC). At the Press Conference, the sales results of the Russian automotive market in 2015 and prospects for 2016 were presented. Sales of new passenger cars and LCVs in Russia in December 2015 decreased by 45.7% as compared to the results of December 2014. Annual sales of new passenger cars and LCVs in Russia in December decreased by 35.7% as compared with the year 2014.

The AMC Chairman, Joerg Schreiber announced:

«December sales of 147 thousand units represent the best monthly result achieved in 2015, at the same staying far below prior years all-time record of 270 thousand units. With this, annual sales of PC and LCV in 2015 reached 1.60 million units, 890 thousand units or 35.7% below 2014 level of 2.49 million units.
Expectations for the new year are muted. AEB member forecast for the total market in 2016 is to reach 1.53 million units, assuming no major change in government support to the automotive sector. Under this condition, it appears possible to limit further volume erosion to a level of under 5% year-on-year. This would be some progress in view of the dramatic losses in the recent past, bearing in mind however that it remains uncertain when the market will finally stabilize and return to much needed growth.»

At the Press Conference the main issues on the AMC Agenda were featured. CEOs and representatives of major automotive companies participated at the Press Conference. The representatives of leading mass media were present and showed huge interest in the event. A series of individual interviews with the speakers and individual brands representatives were organized after the event.

Galina Maier, managing director of Raiffeisen-Leasing, fully supports expectations of the car producers regarding importance of the state support programs. The recent program of The Ministry of Industry and Trade boosted car sales through lease finance and increased accessibility of leasing product for the companies of various industry segments.

Raiffeisen-Leasing is honored to being a member of the Associations of European Business since many years and is confident in further fruitful cooperation and strengthening of the partnership.


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