Jean Van der hasselt - Inchcape
Jean Van der hasselt - Inchcape
Jean Van der hasselt - Inchcape
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Car Penetration 2008 - 2015Key driver – Strong Russia GDP growth 2010-2015 CAGR of 15.2%Penetration growth forecasted at 4 – 5% annuallyMoscow and St. Petersburg car penetration already above 300 cars per 1000 peopleStill big gap vs Western Europe car penetration levels (Germany - 558 and UK - 494 vehicles per1000 people)Per 1000 peopleSource: IMF/JD PowerCar penetration projected to increase to 298 cars / 1000 by 2015
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