The report in focus

Automotive market in Russia-2018

Automotive market in Russia-2018

Exit date 21.05.2018

Format PDF

Price 1320 eur.

We're introduce the sixteenth edition of our annual reference book "Automotive market in ...

21 may more info

Analytics

Year 2017 ends with 11,9% car sales market increase

In 2017 new car and LCV sales increased by 11, 9%.

13 marchmore info

Infographics

What car do Russians dream about?

News

By the programs «The first car» and «Family car» it was sold about 8 thousand KIA cars

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During the period of the "First Car" and "Family Car" programs, almost 8,000 KIA cars were sold from July to October of 2017, among which about 52% were for the "First Car" program. The most popular model was Rio. It was reported to the agency "AUTOSTAT" by the press service of KIA Motors Rus, by noting that the new programs "The First Car" and "Family Car" were proved very well this year.

"The government program greatly helped and supported the market in 2014-2017. And, in our opinion, taking into account the income level of the population, in 2018, the market cannot manage without the state support. However, the most priority is to maintain a program of preferential car loans with an affordable rate. The credit rate is now the main barrier when buying a car, because the real incomes of the population are growing slowly, and the opportunity to buy a car at once at full cost is far from everyone ", - noted in the press service of KIA Motors Rus.

As previously reported "AUTOSTAT", by the results of ten months of 2017, 36% of retail sales of KIA cars were made on credit using products developed by KIA Finance together with partner banks and partner insurance companies.

05.12.17 AA "AUTOSTAT"
Source: www.autostat