VSP ATTENDED TO 2016 MIMS AUTOMECHANIKA MOSCOW

VSP ATTENDED TO 2016 MIMS AUTOMECHANIKA MOSCOW

The Russian automotive parts market devoured 2 billion units in 2014, representing a market value of more than US$ 65 billion. Automotive component manufacturers delivered the bulk of their output – up to 80% – on the aftermarket segment.

According to recent estimates, the parts aftermarket now exceeds the OEM segment by a factor of three. While domestic vehicle production totals falter, the demand for automotive parts continues to grow. The proportion of parts for foreign brands is now twice as big as the call for domestic brands.

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