Russian car market has increased by 7% in October 2020

Russian car market has increased by 7% in October 2020

RusAutoNewsCom. – As announced by the AEB Automobile Manufacturers Committee, Russian car market has increased by 7%, or by 10,030 units year-on-year in October 2020, and amounted to 154,164 vehicles.

Within the January – October period of this year 1,248,969 cars were sold in total, 174,480 units or 14% less then last year’s figure.

Thomas Staertzel, Chairman of the committee has commented: “Like every year, strong October sales performance starts the Year-end race. With 7% increase of new vehicle sales versus October 2019, the first month of Quarter IV shows highest monthly growth in 2020 so far. This strong result is mainly triggered by the success of the big market players with the domestic production that assures more flexibility in deliveries. With -12.1% year-on-year, the annual gap versus the last year is getting smaller, expecting two strong months coming. It seems realistic, that the updated AEB AMC year-end sales forecast of 1,522,000 passenger vehicles and LCVs will be met.”

Lada was the most popular brand of the Russian car market in October with 37,019 units sold, followed by KIA with 21,217 units and Hyundai with 15,431 units. Lada Granta was the most popular car model in October with 12,756 units sold.

Top 10 best-selling car brands in October 2020:

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

Top 10 best-selling car models in October 2020:

1-Lada Granta. 2-Lada Vesta. 3-Kia Rio. 4-Hyundai Creta. 5-Volkswagen Polo. 6-Hyundai Solaris. 7-Renault Logan. 8-Lada Largus. 9-Toyota RAV4. 10-Skoda Rapid.

All 10 models are manufactured in Russia.

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