Russian automobile market have risen for the first time in two years

Russian automobile market have risen for the first time in two years

RusAutoNews.Com –  Russian automobile market have risen for the first time in two years. The sales of new cars and light commercial vehicles have increased by 0.6% year-on-year in Russia in November 2016. The market increased by 727 vehicles to 132,346 in quantitative terms, according to the AEB Automobile Manufacturers Committee (AEB AMC).

1,279,987 cars have been sold within the January-November period of this year in Russia.

Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee commented on Russian automobile market: “November sales produce the first month with a positive year-on-year result in almost 2 years (last time seen in December 2014). It is good to be able to say such a thing after all, but it is far too early to read a trend turnaround into this. For now, all eyes are on December which has the potential to demonstrate that the market continues to move in the right direction”.

LADA has become the best-sold brand in November 2016 – 25,507 units. The figure indicates an 18% year-on-year increase (21,580). Hyundai occupies the second place. The sales of the Korean brand amounted to 15,779 vehicles in Russia in November, following a 4% rise. The November 2015 figure of Hyundai was 15,101 units. The top-two is followed by KIA (14,651), Renault (11,631) and Toyota (8081). 

Detailed figures of the Russian automobile market: AEB Press-Release