St. Petersburg car market has declined for the first time this year

St. Petersburg car market has declined for the first time this year

RusAutoNews.Com – According to Auto-Dealer-SPb agency data, 78,921 new cars and light commercial vehicles have been sold in St. Petersburg within 2014 January-May period (-1%). 15,265 vehicles have been sold in May-only, on the other hand (-9%). Thereby, St. Petersburg market has shown a negative dynamics on a monthly basis for the first time this year.

The share of St. Petersburg market in Russia has been calculated as 7.7% for the January-May period. This ratio was 7.3% last year.

The best-selling brands of May are as follows: Renault – 1508 (0%), Volkswagen – 1192 (-8%), Škoda – 1125 (+31%) and Lada – 1093 (+14%).

TAuto-Dealer-SPb has stated that the consumers’ tendency to postpone their purchase decisions due to factors such as: the uncertainties in the region, the increase in automobile prices and the expectation of a new purchase incentive, is the reason behind the decline in sales.