Russian car market has increased by 0.5% in August 2020

Russian car market has increased by 0.5% in August 2020

RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian car market has increased by 0.5%, or by 722 units year-on-year in August 2020, and amounted to 137,517 vehicles.

Within the January – August period of this year 880,198 cars were sold in total, 178,404 units or 16.9% less then last year’s figure.

Thomas Staertzel, Chairman of the committee has commented: “After volatile market developments since the beginning of the year, the signs of recovery during last month seem to be over already with a flat new vehicle sales in August of -0.5% versus previous year. Traditionally, this summer month is not a very active one, but further weakening Ruble could have stimulated a continuation of growth. Nevertheless, the decrease of 16.9% year-on-year August is still better than AEB 2020 forecast of -23.9%. With the state support measures September will provide a more clear indication on the situation of the Russian automotive market and its development toward the year-end.”

Lada was the most populer brand of the Russian car market in August with 28,621 units sold, followed by KIA with 19,818 units and Hyundai with 17,462 units. Lada Granta was the most popular car model in August with 10,550 units sold.

Top 10 best-selling car brands in August 2020:

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

Top 10 best-selling car models in August 2020:

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

All 10 models are manufactured in Russia.

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