Russia’s GAZ 2004 vehicle sales up 6.8% on year

Prime-Tass English-language Business Newswire
February 8, 2005

NIZHNY NOVGOROD, Feb 8 (Prime-Tass) — The vehicle and vehicle assembly
kit sales of Russia’s second-largest car and truck maker GAZ rose 6.8%
on the year in 2004 to 230,664 vehicles, the plant’s press service
told Prime-Tass Tuesday citing preliminary data.

Of the total, GAZ sold 69,976 cars and 160,688 trucks, minibuses and
special-purpose vehicles.

In 2004 GAZ sold 186,143 vehicles in Russia and exported 44,521
vehicles and vehicle assembly kits, up 14% on the year. The company
exported 34,523 vehicles to CIS countries, up 20.6% on the year,
and 9,998 vehicles to non-CIS countries, up from about 1,400 vehicles
in 2003.

GAZ exports its vehicles to Ukraine, Kazakhstan, Azerbaijan, Armenia,
Iraq, Turkey, Afghanistan, Cuba and other countries.

GAZ exported 19.2% of its production in 2004.

In 2004 the company’s output rose 8.4% on the year to 231,336 vehicles
and vehicle assembly kits.

Of the total, GAZ produced 214,251 vehicles, up 6.4% on the year,
including 65,686 cars, up 15.7% on the year, and 148,565 trucks and
minibuses, up 2.7% on the year.

GAZ is part of Russia’s major RusPromAvto automobile holding. End