The sales of Chinese automobiles fell by 52% in Russia

The sales of Chinese automobiles fell by 52% in Russia

Autostat – The number of Chinese cars sold in Russia has declined by 52% year-on-year in 2015, with 38,753 vehicles (2014 figure: 81,292). The Russian market has shrunk by 36% last year. Thereby, the share of Chinese automobiles in Russian market has fallen from 3.5% to 2.6% in a year.

Lifan has once more become the leading Chinese brand in Russia (15,131 vehicles). The drop in Lifan sales corresponds with the average decline rate. Geely has maintained its position as the second most popular Chinese brand, performing 38% below the 2014 sales figures (11,617 vehicles). Out of the top-three, Chery has experienced the sharpest decline in sales with 73% (4964 vehicles). Great Wall has performed even more poorly, the sales of which fell by 79% (3181 vehicles). The brand has suffered the steepest decline in sales, amongst the Chinese brands.

The only Chinese brand which managed to increase its sales during the year was Brilliance (+26%), despite a low sales figure: 1202 vehicles only. The newcomer to Russian market Dongfeng has performed a little bit better (1365). 2015 was the debut year for the brand. The sales figures of the remaining Chinese brands vary, none exceeding the 1000 vehicles mark.

Autostat analysts share the opinion that Lifan and Geely are the only two Chinese brands with strong positions in the Russian market as yet. The rest of the Chinese brands will remain within the “risk zone” this year, only having a foothold in the market.