Russian car market has decreased by 20% in November 2021

Russian car market has decreased by 20% in November 2021

RusAutoNews.- As announced by the AEB Automobile Manufacturers Committee, the Russian car market has decreased by 20.4%, or by 32,114 units year-on-year in November 2021, and amounted to 125,466 vehicles.

Within the January – November period of this year 1,439,045 cars were sold in total, 92,694 units or 6.9% more than last year’s figure.

Thomas Staertzel, Chairman of the committee has commented: “In November, 125 466 cars were sold, 20,4% less than a year ago. Still the year-on-yaer result Jan-Nov 2021 is positive with 1,439,045 new cars sold, which is 6.9% higher than during the same period of 2020. Usually, December is a good month for car sales, but this year is different and it also seems that this trend will continue during the next year with even worse figures in the coming months.

On top of all negative market factors, such as production decrease, deficit of semiconductors and logistics problems, the Government initiates legal acts, which might make the situation even worse – the published draft Order of the Government envisages almost 9 times increase of the disposal fee for e-vehicles. Together with the announced non-extension of the zero import duty on e-vehicles, this measure will substantially undermine the development of this market segment, which has just started to grow in Russia. Unfortunately, this measure has not been discussed with the industry. We believe that the adoption of this Order will increase prices of e-vehicles for end-customers and slow down their sales dynamic as well as the development of the charging infrastructure.

Lada was still the most popular brand of the Russian car market in November with 26,373 units sold, although the sales of the brand has dropped 31% year-on-year. Second and third spots are occupied by the Korean brands Kia with 14,514 units and Hyundai with 14,395 units. Lada Vesta was the most popular car model in November with 9,035 units sold.

Top 10 best-selling car brands in November 2021:

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

Top 10 best-selling car models in November 2021:

1-Lada Vesta. 2-Lada Granta. 3-Hyundai Creta. 4-Kia Rio. 5-Renault Duster. 6-Hyundai Solaris. 7-Lada Niva. 8-Toyota RAV4. 9-Lada Largus. 10-Toyota Camry.

All 10 models are manufactured in Russia.

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