Russian car market grew by 10% in November

By the end of November, sales of passenger cars and light commercial vehicles in Russia grew by 10.1% and they were 167,494 cars. For eleven months of 2018, the Russian car market grew by 13.7% up to 1 million 625 thousand 351 cars, according to data of the Association of European Businesses. As noted in AEB, in November, sales in the automotive market continued to show the strong growth.

As it was mentioned earlier, a similar pace of growth can be expected in December, as buyers will rush to take advantage of the pre-year price offers, including the old VAT rate. Recall, according to the updated AEB forecast, in 2018 the Russian car market could grow by 13% compared to the last year up to 1.8 million cars.

Leadership in the Russian car market is kept by AvtoVAZ, which sold 33,673 LADA cars in the last month, which is more by 15% than a year ago. The second place in terms of sales was occupied by KIA - sales of 21,011 cars (+ 31%) provided the Korean brand with the leadership in the foreign car market. Hyundai keeps the third place with the indicator of 15,882 sold cars, which is more by 4% in compare with the last year. It is followed by Renault - cars of this brand were chosen by 13,517 buyers (+ 1%). Volkswagen still closes the TOP-five, sales of which were 10,179 cars (+ 13%).

By the results of November, TOP-10 of the best-selling brands also included Toyota (9,986 units, + 16%), Skoda (8,188 units, + 43%), Nissan (7,548 units, -2%), GAZ (5,062 units, + 5%) and Ford (4,878 units, -1%).