Russian car market has increased by 14% in March 2018

Russian car market has increased by 14% in March 2018

RusAutoNews.Com – Russian car market (new car and LCV sales) increased by 13,9% or by 19.219 units in March 2018 in comparison with the same period of the previous year, and amounted to 157.279 vehicles, announced by the AEB Automobile Manufacturers Committee (AEB AMC).

Within the January – March period of this year 392.920 cars were sold in total.

Joerg Schreiber, Chairman of the AEB AMC commented: “Market momentum in March continued at a robust pace, concluding a 12-month long period of uninterrupted year-on-year recovery. From now on, it will be harder, at the same time significantly more valuable for the market to achieve substantial growth rates on a continuous basis. Market participants consent in that the prospect of further growth is the most likely scenario for 2018. AEB members forecast total market sales to improve by about 10% compared to 2017, to a level of 1.75 million units”.

LADA is the most populer brand of the Russian car market in March 2018 with 30.708 units sold.  KIA Rio was the best-selling model in March with 9809 units.

Top 10 best-selling models:
All locally produced.

Detailed market figues: AEB Press-Release

Top 10 best-selling models are: