Financial capacity of the largest market in the country in the Moscow region has declined, but others could grow by tens of percent - mainly due to the replacement of low-cost cars by more expensive models, experts say.19 junemore info
The analytic agency "AUTOSTAT" carried out a study of the parc of cars in Russia as of January 1, 2017 and it determined the largest regional parks.
Date of issue: 20.03.15
Format: PDF, 59 pages
Price: 560 €
The report “Passenger Car Market in Russia. Results of 2014, Trends and Prospects” contains detailed information on the last year’s passenger car sales, their dynamics and structure, market capacity, its price parameters, segmentation, etc. Results of passenger car sales in Europe, dynamics and structure of passenger car import to Russia as well as information on the market leaders by classes are included as separate pages. Moreover, we devoted special attention to trends and prospects of passenger car market in the forecast of the automotive market development in short-term prospects. Each market player’s sales results – dynamics for recent years, model structure, monthly sales - are represented in the report visually.
In 2014 new passenger car sales in Russia came up to 2.34 million vehicles, which is 10.3% less than a year ago. Despite the continuing sales decrease (-15.5%), LADA is still the market leader with 376,800 vehicles. The second place and the leadership among foreign brands in Russia was taken by KIA, which sold 195,700 cars (-1.2%) last year. French Renault moved down to the third place with 191,700 passenger cars – 7.8% less than a year ago.
Last year companies imported a little more than 610,000 passenger cars to our country, that is a quarter less than a year ago. On average about 51,000 cars were imported to Russia every month. Last year like five years ago the share of new vehicles was not less than 98% of the total import. The leaders here are Japanese Toyota and Nissan and Korean Hyundai, which generate over 35% of the total import together.
According to AUTOSTAT estimation, in 2014 the average price of a passenger car in the Russian market was a little more than $26,000, that is 8.4% or $2,400 less than a year ago. The decrease in dollar prices was registered in all groups of vehicles, and resulted from rouble devaluation.
Marketing report “Passenger Car Market in Russia. Results of 2014, Trends and Prospects” was prepared with an office research method. The major information sources are AEB, FCS (Federal Customs Service), ACEA data as well as our own databases and information obtained from the market players directly. All data presented in the report is clearly organized and compiled in tables. Every subject is illustrated with graphs and diagrams. On-line evaluation of the situation by some major parameters is included in our monthly reviews of the Russian market.