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KAMAZ increased production of trucks by 26% in January-May

Russia / Engineering

General Director of KAMAZ Sergey Kogogin noted that the company intends to increase the sales plan for 2021.

KAMAZ increased production of trucks by 26% in January-May

In the first five months of 2021, KAMAZ produced 26% more trucks than in the same period of 2020, a total of 16,970 vehicles were produced, the company said.

In May, taking into account holidays and corporate holidays, 2,712 cars were produced in 14 working days, which is 10% more than a year ago.

Engine Plant and JV "Cummins Kama" produced and delivered to the main assembly line of the automaker and its other customers 3,032 engines and power units against 2,961 a year earlier. Since the beginning of the year, they have produced 18,562 motors for cars and other equipment, which is 24% more than in 2020.

In January-April 2021, KAMAZ increased shipments of vehicles to customers in annual terms by 29.7%, to 14,258 units. General Director of KAMAZ Sergey Kogogin said that the company intends to increase its sales plan for 2021. The current one assumes the sale of 37,000 trucks, including 32,000 in Russia.

Against the background of the positive results of the first quarter, KAMAZ in April already announced an increase in the production plan for the current year by 13%, to 39 thousand vehicles.

The main shareholders of KAMAZ are Rostec State Corporation (47.1%), Avtoinvest LLC (23.54%) and Germany's Daimler Truck AG (15%).

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