Russian secondhand car market has grown by 16.5% in April

Russian secondhand car market has grown by 16.5% in April

Autostat – According to analytical agency Autostat data, nearly 480,000 second-hand cars have been sold in Russia in April 2016, which indicates a 16.5% year-on-year increase.

Russian brand LADA has remained the leader of the second-hand car market, with more than 28% share. This is equivalent to 137,500 vehicles in quantitative terms, approximately 3% over last year’s figure. Japanese Toyota has become the best-sold foreign used car brand once again, the sales of which reached 53,400 vehicles (+24.3%). The third place was occupied by another Japanese brand: Nissan (25,200 vehicles), increasing sales as well, by a quarter. Chevrolet (20,500, +27.1%) and Hyundai (20,100, +37.3%) complete the top-five in second-hand car sales.

It should also be noted that the volume of the Russian secondhand car market has reached 1.6 million units by the end of the first four months of 2016, following a 9% increase.