AvtoKrAZ Car Production Up 14.8% yoy In October

AvtoKraz (KRAZ: HOLD) produced 411 automobiles in October, 14.8% yoy more than October 2005. Olha Pankiv: The yoy growth in KRAZ’s monthly sales we have been witnessing since August, is accelerating, giving the company a good chance to catch up to last year in terms of unit sales. We confirm our expectation of a 10% top-line increase in 2006 due to the increase in the average price per truck do to their compliance with EURO-2 requirements.