Russian car market has declined by 5% in October 2019

Russian car market has declined by 5% in October 2019


 

RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian car market has decreased by 5.2%, or by 8368 units year-on-year in October 2019, and amounted to 152,057 vehicles.

Within the January – October period of this year 1,423,449 cars were sold in total, 34,408 units or 2.4% less then last year’s figure.

Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee commented: “Total market sales in October underachieved last year’s result by 5.2%, firmly keeping the market on the path of a slow but continuous erosion of the much-needed volume gains secured in the years 2017-2018. This is not the direction the industry wants or needs, of course, but it is hard to see at the moment where a change to the better should be coming from any time soon”.

Lada was again the most populer brand of the Russian car market in October 2019 with 30,237 units sold. Lada Granta was the most popular model with 11,712 units sold in October.

Top 10 best-selling car brands in October:

1-Lada. 2-Kia. 3-Hyundai. 4-Renault. 5-Volkswagen. 6-Skoda. 7-Toyota. 8-GAZ LCV. 9- UAZ. 10-Mercedes-Benz.

Top 10 best-selling car models in October:

1-Lada Granta. 2-Kia Rio. 3-Lada Vesta. 4-Hyundai Creta. 5-Volkswagen Polo. 6-Hyundai Solaris. 7-Volkswagen Tiguan. 8-Lada Largus. 9-Renault Duster. 10-Skoda Oktavia A7.

All 10 models are manufactured in Russia.

Please see the AEB Press-Release for detailed Russian car market figures.

Tags: AEB, Car market