There are 39.3 million automobiles in Russia

There are 39.3 million automobiles in Russia

Avtostat – According to Avtostat data, as of the beginning of 2014, the number of automobiles has reached 39.3 million in Russia (+6.5%). 20.4 million of this figure is formed of foreign brand vehicles.

40% of foreign automobiles registered in the country belongs to Japanese brands. The share of European brands is 30%, on the other hand. Korean (15%), American (12%) and Chinese (2%) follow these countries.

The sectoral experts anticipate that the number of vehicles in Russia will grow by 3.5%-4.5% on a yearly basis, within the next few years. Furthermore, the number of foreign cars in the country is expected to reach 25 million by 2016.