New truck market has grown by 14% in April

New truck market has grown by 14% in April

Autostat – According to Autostat data, approximately 4400 new trucks have been sold in Russia in April 2016, indicating a 14% year-on-year increase. This is the first period of market growth observed in 2016.

Russian manufacturer KAMAZ has kept its position as the leader of the truck market, with an approximate share of 40% of the total volume. In quantitative terms, the figure is equivalent to 1700 vehicles, 42% above last year’s sales. The second place is occupied by another home brand: GAZ, with a sales figure of 720 vehicles (+24.6%). Yet another domestic brand: URAL completes the top-three (286 vehicles, +19.2%). Belarusian MAZ (271, -11.1%) and Russian NEFAZ (196, +117.8%) came fourth and fifth respectively.

It should be noted that the Russian new truck market has amounted to 14,500 vehicles by the end of the first four months of the year, following a 15.3% year-on-year decline.

The Russian light commercial vehicle (LCV) market, on the other hand, has reached 8100 units in April 2016, increasing by 9.7% in comparison with the same period of the previous year.

Russian manufacturer GAZ has kept its position as the market leader, with approximately half of the total market share. The sales figure of the company reached 3800 vehicles, 15.5% more than the year before. The leader is followed by another Russian brand: UAZ, with over 20% market share. UAZ has sold almost 1800 vehicles in April (+23.3%). German Mercedes-Benz occupies the third spot (619 units, -24%). The top-five is completed by LADA (537, +0.8%) and Volkswagen (350, +74.1%).

Finally, 25,700 new light commercial vehicles have been sold in Russia during the first four months of the year, which is equivalent to a 6% year-on-year shrinkage.