In July, the Russian car market continued slowdown in the fall – sales were down 27.5% to 131.1 thousand. Machines against a reduction of 30% to 140.5 ths. cars in June. However, the statistics are not very revealing: car sales are stagnating for the second year in a row and the reduction of incidence from the beginning of the year – a result of the low base of last year.
In July, sales of passenger cars and light commercial vehicles (LCV) fell by 27.5% to 131.1 thousand. machines, reported the Association of European Businesses (AEB). From the beginning, the market declined by 35.3% to 913.2 thousand. Machines.
Chairman of the AEB Automobile Manufacturers Joerg Schreiber notes that compared to previous months of July results look “almost as good news”, however, he stressed that in fact it is the result of a low base of the same period last year. According to Mr. Schreiber, to “reverse the trend in the opposite direction,” the government should substantially increase sales promotion.
The market leader AvtoVAZ decreased sales in the quarter, to 20.9 thousand. Cars . Compared with Lada sales declined less than the Korean brands: Kia – by 13% to 13.4 thousand. Cars, Hyundai – by 15% to 12.3 thousand. Machines. Markedly reduced sales alliance Renault-Nissan: Renault – 35%, to 9.9 thousand. Cars, Nissan – 43%, to 5.2 thousand. Machines. From the best-selling brands showed positive dynamics only UAZ increased sales by 71%, to 5.1 thousand. Machines. In addition, increased sales volumes from LCV Mercedes-Benz 20%, up to 721 machines.
Outsiders began in July SsangYong (sales fell by 76% to 581 cars) , Citroen – by 68% to 463 cars, Honda – 64% to 454 cars and Peugeot – 60% to 541 cars. Slight growth traditionally have premium brands. Lexus sales increased by 5%, to 1.7 thousand. Cars, Porsche – by 19% up to 460 machines.
As AvtoVAZ lose the price advantage
Russia’s largest carmaker AvtoVAZ in July for the third time in a year increases the price of Lada. The cost of Granta, Kalina and 4×4 increase by 4%. Thus, on average, since the beginning of the year, prices for Lada grew by 18%, but AvtoVAZ has to index them – despite the reduction in costs, the plant continues to incur losses. At the same time, many foreign automakers in the stabilization of the ruble since the beginning of the year reduced the price of its products. Read more
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