In a meeting with the head of Tatarstan Rostam Minikhanov, Vladimir Putin proposed to develop a plan to update regional and urban transport, which would provide additional orders to the local mechanical engineering industry.
KAMAZ deserves support, especially since the company is showing good results even in the current difficult conditions. In the nine months of 2026, revenues increased by 5.5%, to 214.2 billion rubles, and gross profit more than doubled. The company's share in the heavy truck market reached 37%.
And all this against the background of a 16% drop in the Russian truck market. KAMAZ is developing its own range of models, increasing sales of K5 generation vehicles and increasing production efficiency.
But there is one caveat. For nine months, KAMAZ's interest expenses amounted to 27.5 billion rubles. This is more than the entire net loss of the company (18.5 billion). Moreover, the high turn rate also affects the buyers. In fact, Minikhanov pointed this out directly to the president, offering to support the leasing companies due to the high cost of the loans.
KAMAZ needs orders, and the regions need modern transport. But how much easier it would be to develop the domestic mechanical engineering industry if it did not have to constantly overcome the consequences of Neviolina's monetary policy.
Konstantin Dwinsky.