Russian car market has declined by 2% within the first 9 months of 2019

Russian car market has declined by 2% within the first 9 months of 2019

RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian car market has decreased by 2.0%, or by 26,040 units year-on-year within the January – September period of 2019, and amounted to 1,271,392 vehicles.

In September, 157,129 cars were sold in total, 242 units or 0.2% less then last year’s figure.

Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee commented: “Market sales in September were flat against the level achieved in the same month last year – not a bad result looking at the negative track record in recent months. Cumulative sales in the January – September period however stand at 2% down year-on-year. With 3 months to go in the current year, the AMC expects a full-year sales result of 1.76 million units, reflecting the same slightly negative trend towards year end.”

“The uncertain element here is the possibility of another significant increase of the utilization fee in 2020, as reportedly being discussed by the government. Should such a decision be adopted indeed, it would add another question mark to the long-term prospects of the market as whole. Short-term however, sales of imported cars might receive an artificial boost – of course at the cost of sales in the following period”, added Schreiber.

Lada was again the most populer brand of the Russian car market in September 2019 with 31,516 units sold. Lada Granta was the most populer model with 11,208 units sold in September.

Top 10 best-selling car brands in September:

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

Top 10 best-selling car models in September:

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

All 10 models are manufactured in Russia.

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

Tags: AEB, Car market, Lada