What will be the fall of the Russian LCV market in 2020?

Unlike the car market, sales of light commercial vehicles in the Russian Federation may fall even more. This opinion was expressed by the director of the analytical agency AUTOSTAT Sergey Tselikov during the online conference “AUTOSTAT AnalyticDay: forecast of the car market 2020 in the face of uncertainty”.

According to him, the market of commercial vehicles is falling stronger and deeper, and to a much greater extent it depends on state support programs. Therefore, depending on the development scenario, the market of new LCVs this year may fall by 35 - 55%.

Thus, its volume may be 50.5 - 72.9 thousand units, which will be noticeably lower than the “pit” of 2015-2016. Recall that the LCV market was at the level of 93 thousand units at that time, and then grew for the next three years.