Russian car market has decreased by 2% in 2019

Russian car market has decreased by 2% in 2019


 

RusAutoNewsCom.- Russian car market has decreased by 2.3 % in 2019 in comparison with the previous year, as announced by AEB.

According to the AEB data 1,759,532 cars have been sold in 2019 in Russia, 41,059 units less than in 2018.

In December 2019, sales of new cars and light commercial vehicles increased by 2.3% compared with December 2018, or by 3,995 sold units, and amounted to 179,235 vehicles.

Lada was the most populer brand of the Russian car market in 2019 with 362,356 units sold, indicating 1% year-on-year growth. Lada Granta was the most popular car model with 135,831 units sold in 2019 in Russia.

Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee commented: “In a strong closing effort, December market sales improved by 2.3% year-on-year. Despite that, cumulative sales in the 4th quarter however remained in negative territory showing a 3.0% drop compared to the same period one year ago. Full year sales in 2019 reached 1.76 million units, 2.3% or 41 thousand units below the level of 2018.

For the current year, we expect similarly challenging market circumstances. Full year sales in 2020 are anticipated at a level of 1.72 million units which would represent a further 2.1% decline from the market level reached in 2019″.

Please see the AEB press release for detailed Russian car market figures.