9117 new cars and LCVs have been sold in St. Petersburg in February

9117 new cars and LCVs have been sold in St. Petersburg in February

Vedomosti – 15,684 new cars and light commercial vehicles have been sold in St. Petersburg within the January-February period of 2016, which indicates a 12% year-on-year shrinkage, as published by Auto-Dealer-SPb. The dealers have sold 9117 vehicles in February, down by 5% year-on-year and up by 41% in comparison with January 2016. This is the minimum decline rate in sales in a year: the lowest shrinkage rate on a monthly basis was 19% in 2015. According to AEB data, the Russian new car and LCV market has shrunk by 13.4% in February, to 111,145 vehicles.

Analysts from Auto-Dealer-SPb explain the relatively successful performance in February with the low-base effect.

Hyundai has become the leader of St. Petersburg automotive market (+13% in comparison with January-February period of 2015). Lada occupies the second place (+20%). The sales of Ford has risen by 133%. Mercedes-Benz and Toyota have also recorded growth in sales, by 5% and 15% respectively.