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Automotive Industrial Technology (formerly Soller Mazda)

Company

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Owners:
Sollers - 100%
Revenue and Net Profit millions Ths. rub

Owners

MAZDA SOLLERS Manufacturing Rus Limited Liability Company is a joint venture of Mazda Motor Corporation (Japan) and PJSC SOLLERS (Russia), created on the basis of 50/50 partnership. MAZDA SOLLERS Manufacturing Rus is the only manufacturer of Mazda cars in Russia. Products for November 2019 are sold in more than 70 dealerships throughout the Russian Federation.

Financial performance Mazda Sollers Manufacturing Rus

2021: Increase in annual revenue by a quarter

In 2021, Mazda Sollers Manufacturing Rus (a joint venture of the Russian automotive group Sollers Auto and Japanese Mazda) earned 53.9 billion rubles in revenue, which is 25.6% more compared to 2020. Net profit reached 586 million rubles, while in 2020 the company recorded losses at 334 million rubles. Such data in accordance with Russian accounting standards were released in April 2022.

Mazda Sollers Manufacturing Rus at the end of 2021 showed a cost of sales of 44.2 billion rubles, which is 22.5% more than a year ago. The company's gross profit increased by 41.7%, to 9.7 billion rubles. The company made a profit from sales in the amount of 697.2 million rubles, while in 2020 a loss was received from sales of 106 million rubles. Commercial expenses increased by 32.1% and amounted to 8.5 billion rubles. Payments to suppliers (contractors) for raw materials, materials, works and services in 2021 increased by 33.1%, to 49.6 billion rubles.

Russian joint venture Mazda and Sollers increased annual revenue by a quarter

Mazda Sollers Manufacturing Rus has been producing cars since 2012. As reported on the Sollers Auto website, the company produces a Mazda CX-9 SUV, a Mazda CX-5 crossover and a Mazda 6 sedan in Vladivostok. The total production exceeds 30 thousand cars per year.

Also, Mazda Sollers Manufacturing Rus LLC in Primorye in the Nadezhdinskaya TOP has a Mazda engine production plant. The products are shipped to Mazda Motor's automotive facilities in Japan. At the end of 2021, Mazda was the second Japanese brand after Nissan in terms of sales in Russia: in January-December, dealers sold 29,177 cars, which is 11% more than in 2020. Almost half of sales came from the Mazda CX-5 crossover.[1]

History

2023: The launch of pickups at the site of the former joint venture with Mazda begins

On July 17, 2023, Sollers announced the start of production of pickups at the site of a former joint venture with Mazda in Vladivostok.

The model is not officially called, however, as Rossiyskaya Gazeta writes, we are talking about the JAC T6 pickup truck. This is a 5325 mm frame pickup truck with a 3090 mm wheelbase. In Russia, the model is offered with a turbodiesel with a capacity of 136 hp. and a gasoline engine of 177 hp. both are aggregated by a 6-speed MCP. Drive - rigidly connected full. Prices start at 2.4 million rubles (by mid-July 2023).

Sollers announced the start of production of pickups at the site of a former joint venture with Mazda

According to Interfax, citing a representative of Sollers, by mid-July 2023, the plant, renamed Automobile Industrial Technologies LLC (A&T), produces a pilot batch of pickups that will be sold on the Russian market under the Sollers brand. The launch of mass production and the presentation of the model are scheduled for September. In the near future, Sollers expects to expand the line of manufactured cars in Vladivostok, "negotiations on this subject are actively underway with potential Chinese partners," the company said in mid-July 2023.

In the past, a joint venture between Mazda and Sollers in Vladivostok produced Mazda CX-9, Mazda CX-5 and Mazda 6 cars. Although the Japanese company has not officially announced its withdrawal from the Russian market, it does not produce or officially supply cars to Russia by July 2023. Mazda estimated losses from the suspension of activities in the country at 82 million euros.

According to Motor, it was previously reported that the T6 model will disappear from the JAC model line in order to return with the new Sollers logos. Sollers already produces two Chinese models under its own brand by July 2023 - these are Sollers Atlant and Argo, aka JAC Sunray and N25/N35.[2]

2022

Mazda leaves the joint venture and transfers its share to Sollers Auto

In November 2022, the Japanese corporation Mazda Motor, against the background of the ongoing conflict in Ukraine, decided to cease its activities in Russia and transfer a stake in a joint venture in Vladivostok to PJSC Sollers Auto for €1 (one euro) with the possibility of repurchasing the stake back in the next 3 years.

Cease-and-desist negotiations

Japanese Mazda in September 2022 entered into negotiations with a local partner to stop production in Russia. It is reported by Nikkei, citing sources.

Suspension of production at the plant in Vladivostok

Automaker Mazda Sollers is in talks to resume deliveries of components to plants, the company Russia said in a statement dated May 18, 2022. However, so far the manufacturer is extending corporate leave of employees at the plant in. Vladivostok

2013: Replenishment of the model range with a Mazda6 sedan

In April 2013, the Mazda6 sedan was added to the lineup.

2012: Test Production Launch

On September 6, 2012, test production of Mazda CX-5 crossovers was launched in the presence of President RFV.V. Putin.

Notes