Russian LCV market has grown by 19% in May 2017

Russian LCV market has grown by 19% in May 2017

Autostat – According to Autostat data, the Russian new light commercial vehicle (LCV) market has amounted to 8100 units in May, following an 18.6% year-on-year growth.

The traditional leader of the market GAZ has kept its position, with approximately 45% share in total. GAZ has sold 3700 vehicles, which is equivalent to a 19.2% year-on-year rise.

UAZ occupies the second place, reaching a sales figure of 1600 units (+33.5% y/y). As previously, the top-three is completed by LADA (815 units, +78.7% y/y). Ford (542, -8.6% y/y) and Mercedes-Benz (468, +4.0% y/y) came fourth and fifth respectively.

The Russian new LCV market has reached 41,000 units by the end of the first five months of the year, indicating a 26% year-on-year increase.