Russian LCV market has shrunk by 30% in August

Russian LCV market has shrunk by 30% in August

Avtostat – 10,600 new light commercial vehicles have been sold in Russia in August. Thereby, the market has shrunk by 30%, in comparison with August 2013. Such a high shrinkage rate in LCV market was observed in 2009, the year of crisis, for the last time.

89,200 LCVs have been sold within the first eight months of the year (-18%). 68% of the sales belong to domestic brands.

GAZ has become the market leader in August, with a sales figure of 5100 vehicles (-31%). UAZ occupies the second place with 1500 vehicles (-13%). Mercedes-Benz follows the top-two with 740 vehicles (+40%). Lada is ranked fourth with 680 Largus and VIS sales (-34%). Volkswagen has sold 460 vehicles (-44%).