First Automobile Works is a Chinese state-owned automobile manufacturer.

Revenue(RF), mln.USD
1611
Assets(RF), mln.USD
913
Capital(RF), mln.USD
20
Glob.Revenue, mln.USD
9034
Staff(RF), 2021
42
Taxes(RF), mln.USD
2

Russian truck manufacturer KAMAZ has lost its leadership in the domestic market for the first time. In 2024, Chinese Sitrak took first place in terms of the total number of vehicles sold in Russia. In total, 102 thousand new heavy-duty trucks (HCV) were sold on the Russian market during the year, which is 18.8% less than a year earlier. Almost a fifth (19%) of the market came from Sitrak (19.4 thousand units), followed by KAMAZ (17.3 thousand, market share 16.91%) and three Chinese brands - Shacman (15.7 thousand), FAW (11.6 thousand) and Dongfeng (8.3 thousand).

The Company Statement
September 29, 2023

Remains silent on whether they will continue operations. Revenue in Russia has grown. The Chinese manufacturer of limousines for Communist Party leaders Hongqi (pronounced “Huntsy” and translated as “red banner”), which supplies the most expensive cars to Russia (maximum price 19 million rubles), intends to increase sales from 3,300 cars in 2023 to 12,000 in 2024. Significantly increased revenue in 2023 vs 2022.

January 15, 2025KAMAZ has lost its leadership in the Russian truck market for the first time
January 14, 2025Sales of new heavy-duty trucks (HCV) in Russia in 2024 and in December
December 29, 2023“The consumer’s heart melted.” The Russian automobile market has become Chinese
December 09, 2022Russian car dealers told how many brands are left on the market
April 01, 2022Western exodus from Russia could benefit Chinese automakers | Automotive News
Website in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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