Leasing Company KAMAZ for SME
OAO Leasing Company KAMAZ realizes a program to supply small and medium size enterprises with OJSC KAMAZ’s products.
Under the government SME Lending Support Program, OAO Leasing Company KAMAZ and OAO Russian Bank for Development (RBD) entered into a credit contract under which RBD will grant Leasing Company KAMAZ a line of credit to the tune of 462 billion roubles for a term of 5 years within the limits of a credit product “Auto Leasing”.
It is planned to use these means to purchase vehicles and special equipment in order to later offer them in financial leasing to small and medium size enterprises operating in many regions of the Russian Federation.
To date Leasing Company KAMAZ offers its corporate clients a complex product, including development of a vehicle in accordance with a customer’s requirements, a Trade-In program, and service maintenance. The conditions of KAMAZ vehicles leasing provide for advance payment of 20% of an original cost and execution of a leasing contract for a period of up to 42 months with an inflation index of 7%.
Wednesday, 21 July 2010
KAMAZ’s Representative Office in Ukraine Celebrates its Anniversary with Sales Growth
Three years ago KAMAZ opened its trade office in Ukraine. These three years were difficult, but the Ukrainian sales and service network of OJSC KAMAZ celebrates its anniversary in 2010 confidently facing the future.
To date OJSC KAMAZ has got not only its trade office in Ukraine. The Russian corporation adopted a new scheme of production delivery to this country: via an official importer. A decision to establish the single importing company was announced at OJSC KAMAZ’s official dealers’ meeting which took place on April 28, 2010 in Kiev. KAMAZ’s strategy in the Ukrainian market included development of Chernigovsky Automobile Center KAMAZ on the basis of which it was decided to establish KAMAZ’s Trade Company – OJSC KAMAZ’s subsidiary. The whole KAMAZ trade and service network in Ukraine includes 9 dealer organizations and 10 authorized service centers.
The consequences of the global financial crisis adversely affected OJSC KAMAZ’s clients’ and the Ukrainian customers’ purchasing power. However, specialists of the trade and service network managed to turn developments of the last two years to their own, KAMAZ’s and KAMAZ’s customers’ advantage working in close cooperation with the management of the main office.
According to the data of AUTO-Consulting Information Analysis Group, in the first half-year 2010 the share of KAMAZ’s production made 31% in the Ukrainian market in the segment of trucks with payload of over 16t. More often such equipment is used in the agrarian sector strategically important for the Ukrainian economy. There are “stars” and “outsiders” among vehicles in this area. To the former belong KAMAZ vehicles the most popular of which is KAMAZ-45143. This model alone takes 13.2% of the Ukrainian market of trucks with payload of over 16t!
KAMAZ’s production takes a bit smaller volume in the market of trucks with payload of 8-16t: in the first half-year it formed 17.2%. There is something to be proud of though: its increase made up 8% in comparison with the first half-year of 2009.
Wednesday, 21 July 2010