Car Russia in August fell by 26% – BBC News

Car Russia in August fell by 26% – BBC News

 

Falling sales of new passenger cars and light commercial vehicles in Russia continues, with the rate of decline gradually built up. Thus, in August, the market fell by 26%. For comparison, in July sales fell 22.9% in June – by 17,3%.


 According to the Automobile Manufacturers Committee of the Association of European Businesses in Russia, in August, the country sold 172,015 new vehicles, which is 25.8% less than in the same period last year. In January-August, the Russian car market dipped by 12.1%. YTD sales in Russia amounted to 1,582,713 vehicles.

The largest car market is falling domestic Lada. In August, sales of the brand fell by 32% since the beginning of the year – by 18%. With two-time lag for “Lada” should Kia, becoming the most popular foreign car in August – the truth, the brand’s sales fell by 20%. Since the beginning of the year fell by 5%. Closes the three leaders of the past month Hyundai – a drop in sales amounted to only 6%. Results for eight months even increased – by 1%.

By the way, in the first eight months of the second highest sales worth Renault – brand sales fell during this period by 8%. Third place went to yet Kia.

The most popular car in Russia in August became Lada Granta – Russian budget-position is not inferior, despite the drop in sales (in August – minus 20.6%). Most popular foreign car is Hyundai Solaris – and his August result was in the plus (+ 5.7%). Third place went to Kia Rio. In contrast to his “cousin” in Rio sale until fall – minus 16.2% in August.

Renault Logan was able to increase sales by 9.4% to secure fourth place. The top five leaders of the Renault Duster, whose sales fell by 21,2%.

“August was another difficult month for car sales, although this is unlikely to surprise anyone in the industry. Recently announced the state recycling program and “trade-Inu” car inspired hope that the market decline can be stopped. Whether this is so or not depends on how quickly this program will be launched so that market participants are able to take advantage of it, “- said the Chairman of the data Committee Joerg Schreiber.