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Heavy truck sales can grow to 120,000 units in 2023 — Kamaz CEO

According to Sergey Kogogin, sales of heavy trucks stood at 75,000 as of the end of 2022

MOSCOW, August 14. /TASS/. Sales of heavy haulers are expected to be at the level of 120,000 units as of the end of this year, CEO of the Russian truck maker Kamaz Sergey Kogogin told reporters on the sidelines of the Army-2023 Forum.

"The market will be a large one. It has grown above our expectations. We expect the minimum will be 120,000 in our [heavy trucks - TASS] segment, the chief executive said.

Sales of heavy trucks stood at 75,000 as of the end of 2022, Kogogin noted.

"Overall, this is an abnormally large market over the last fifteen years. It seems to me there was something like that at the level of 2012 but vehicles were totally different at that time, with smaller capacity," he added.

The Army-2023 International Military-Technical Forum is taking place at the Patriot Congress and Exhibition Center, the Alabino shooting range and the Kubinka airfield on August 14-20. The event is being organized by the Russian Defense Ministry. TASS serves as its strategic media partner.

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Paris, London authorize strikes inside Russia — newspaper

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German defense minister calls for trying to build dialogue with Russia on Ukraine

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Israeli drone strikes Islamist party’s office in western Beirut

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Lavrov outlines Moscow’s approach to Ukrainian crisis during visit to UAE — ministry

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Turkey plans to commission first unit of Akkuyu NPP in 2025

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Georgia’s opposition holding march protesting against parliamentary election outcome

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German government confirms death of ten Germans in Ukraine since February 2022

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Ukrainian troops surrender as Russian forces advance — captive

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