Russian automobile market: The change in 10 years

Russian automobile market: The change in 10 years

Autostat – According to the survey conducted by specialists from Autostat analytical agency, more than 23 million passenger cars have been sold in Russia within the last decade. LADA has become the best sold model with more than 5 million vehicles. Chevrolet occupies the second spot – 1.48 million units. Hyundai lags behind Chevrolet by 20,000 vehicles, with a sales figure of 1.46 million. The top trio is followed by Renault – 1.32 million. Another Korean brand: KIA completes the top-five (1.3 million). The rest of the top-ten are as follows: Toyota (1.27 million), Nissan (1.17 million), Ford (1.11 million), VW (850,000) and Mitsubishi (711,000).

Ten factors behind the changes in automobile market in 10 years:

  • The automobile fleet has grown by 51%. The passenger car fleet has risen from 25.57 million units in the beginning of 2006 to 40.9 million in the beginning of 2016.
  • The average price of a new car has tripled in our country – from 450,000 rubles to 1.36 million rubles.
  • The number of official dealers has increased by nearly 40%, from 2569 in 2006 to 3557 in 2016.
  • The share of foreign car production has risen by more than a triple in Russia – from 23.5% to 76.7%.
  • The share of new automobile sales with automatic transmission has doubled in Russia (from 25% to 52%).
  • The share of new Korean cars has risen by 10 percentage points – from 13% in 2006 to the current level of 23%.
  • Microcar (class A) sales have plummeted to almost “null”. Their market share of 2.6% a decade ago has fallen to 0.3% in 2016.
  • The share of SUV has gone up by more than 2.5 times – from 13% to 38%.
  • The share of foreign brand vehicles has risen from 58% in 2006 to 79% in 2016.
  • The share of home brand vehicles has fallen by more than a double in a decade – from 42% to 21%.