Light vehicle exports from Germany to Russia

Growing demand for cars in Russia helps keep the car production of European car makers high. Exports from the European Union to Russian federation have grown significantly. Was found that in the position of a leading car exporter is held by German producers. Particular focus is put on rapidly shifting Russian consumer's priorities leading to changing structure of exports. The demand for diesel cars has shown a significant rise. It is estimated that this group of exports will show further stable growth exceeding the average of the whole industry. However, in the mid--term horizon the rapidly developing investments into localization of a German cars production inside Russia puts a significant drawback on exports