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Automotive Industry In Russia. Results of 2019. Prospects

Automotive Industry In Russia. Results of 2019. Prospects

Exit date 02.06.2020

Format PDF, 55 стр.

Price 960 eur.

report contains information on automotive vehicle production in Russia, particularly passenger cars and commercial vehicles

02 june more info

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According to the assessment of the analytical agency AUTOSTAT, from January to April 2020, Russians spent 697.5 billion rubles for new cars. This is lower by 10.3% than in the same period of the previous year (777.2 billion rubles).

Most of the money was spent on the purchase of KIA and Toyota cars - 76.7 billion rubles each. But this indicator of the Korean brand fell by 20.4% for the year and the Japanese one - by 1.1%. Bavarian premium brand BMW is the third one in our ranking with a result of 59.6 billion rubles. A little less Russians spent for cars of another German premium brand - Mercedes-Benz (59.5 billion rubles), and domestic LADA (58.8 billion rubles) finished the top-5. Korean Hyundai overcame the mark of 50 billion rubles. For other brands, this figure is lower.

Agency experts noted that in the 1st quarter, Russians spent more for new cars than in the same period of 2019 (+ 11%). But due to the April collapse (-73%) in the car market - due to the coronavirus pandemic and the subsequent restrictions on the work of car dealers - the capacity indicator also decreased sharply. So, in April, the inhabitants of our country bought cars for only 70 billion rubles, although previously the average monthly figure slightly exceeded 200 billion rubles.

11.06.20 AA "AUTOSTAT"
Source: www.autostat.ru