Russian car market has increased by 2% in March 2020

Russian car market has increased by 2% in March 2020


 

RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian car market has increased by 1.8%, or by 6,868 units year-on-year within the first quarter of this year, and amounted to 398,518 vehicles.

In March 2020, the sales of new cars and LCVs has amounted to 162,321 units, indicating a 4.0% year-on-year rise.

Thomas Staertzel, the Chairman of the committee commented: “March was a strong month with unexpected sales increase of 4% compared to the same month last year, resulting in a 1,8% growth for the first quarter compared to the same period last year. Many brands enjoyed even double digit growth in March. This strong start of the year unfortunately does not represent a growth trend, but is rather linked to artificially high anticipated sales in March, resulting from the weakening currency. Since end of March car sales and dealer operations have been sharply interrupted, following the measures related to the situation with COVID-19. The AEB appealed to the Government proposing state support measures for the automotive industry. Many manufacturers are also developing comprehensive support measures for their dealers to sustain future business operations”.

Lada was the most populer brand of the Russian car market in March 2020 with 32,808 units sold. Lada Granta was the most popular model with 11,631 units sold in March.

Top 10 best-selling car brands in March 2020:

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

Top 10 best-selling car models in March 2020:

1-Lada Granta. 2-Lada Vesta. 3-Kia Rio. 4-Hyundai Creta. 5-Volkswagen Polo. 6-RAV4 Toyota. 7-Hyundai Solaris. 8-Lada Largus. 9-Volkswagen Tiguan. 10-Nissan Qashqai.

All 10 models are manufactured in Russia.

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