KAMAZ Increased Sales by 23% for 9 Months
OREANDA-NEWS. Kamaz for the first nine months of 2016 sold 21,499 trucks, which is more by 23% than a year ago. Among them in Russia it was sold 18,149 vehicles – more by 32% in compare with the same period of the last year. Revenue exceeded 77.8 billion Rubles (+ 27% to the APPG), the loss decreased to 951 million rubles against a loss of 2.7 bln. Rubles of the last year. Budget investments in development reached almost 5 billion rubles, informed the press service of KAMAZ.
According to Deputy General Director of Finance, Andrei Maximov, it was managed to improve significantly the indicators by almost all areas due to the incipient recovery of the market of heavy trucks, as well as timely taken by company measures to improve performance.
As previously reported "AUTOSTAT", at the end of September, KAMAZ has canceled the part-time in connection with the increase in truck sales. At the end of 2016 the company plans to produce 34 thousand cars, which is more by 2,000 than the originally planned indicators.
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