"there is good reason that Kamaz's commercial sales are down...

  1. 4,789 Posts.

    "there is good reason that Kamaz's commercial sales are down ....ie: Kamaz is flat chat manufacturing for the armed forces and these numbers are not published because they are considered "National Security" war stats."

    And from where are you inventing this information like a good little Putin apologist Mook?

    You want to show me in the article where it says commercial sales are suffering because of military contracts? The article just says total units sold. All units sold by Kamaz.

    Nice little cope effort there buddy. You're still wrong.

    And before you want to go and make up other stories to cover your fail here, below is the text from the article. So show me in this article where it says anything about commercial sales versus military sales and not just talking about total overall Kamaz sales.




    "KAMAZ's Sales Fell by 20% in the First Half of the Year
    Moscow. September 27. INTERFAX.RU -

    Sales of KAMAZ PTC in the first half of 2024 fell by almost 20% compared to the same period last year, to 18,460 units of vehicles, according to the manufacturer's report.

    In particular, 17,445 trucks were sold (-22%), buses - 677 (-2%), electric buses - 338 (3.8 times more).

    As reported, KAMAZ's revenue under IFRS in the first half of the year amounted to 187.6 billion rubles (+12.4%), including from the sale of trucks - 107.4 billion rubles (-1%), from the sale of buses, electric buses and special equipment - 27.9 billion rubles (+60%). The group's total cost of sales reached RUB 152.9 billion (+13%). Gross profit increased by 8.5% to 34.7 billion rubles, but net profit fell 3.7 times, to 3.7 billion rubles.

    By the end of 2023, Rostec remained the main shareholder of KAMAZ PTC (47.1%), while the German Daimler retained its 15% in the group. Another 23.54% of shares by the middle of last year still belonged to Avtoinvest LLC (at that time, its co-owners were KAMAZ CEO Sergey Kogogin (30%), businessmen Nikolai Timokhin (50%) and Ruben Vardanyan (20%)). Among the shareholders of the group were also KAMAZ International Management (4.25%), another KAMAZ subsidiary (3.72%), which was not named in the latest reports; it was reported that at the beginning of 2023, the EDB returned this share in favor of KAMAZ Financial Leasing Company LLC and Svyazinvestneftekhim JSC (2.8%).In February, Kogogin told Vedomosti that Daimler withdrew from the list of owners, without specifying who became the buyer of the stake and what was the amount of the transaction."

 
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