Leaders and outsiders of the Russian car market in Q1 2023

During the first three months of this year, 171.3 thousand new cars were sold in Russia. According to the experts of "AUTOSTAT" agency with reference to the data of JSC "PPK" *, this is 35.1% lower than in the 1st quarter of 2022.

Over a third (37%) of this amount belonged to the domestic brand LADA - during the reporting period, 63.4 thousand such cars were sold in our country (+21.3% compared to a year ago). Approximately every eighth car sold belongs to the Chinese brand Chery (20.4 thousand units), which shows a growth of 2.7 times.

Other "Chinese" also show positive dynamics, and EXEED's sales volumes grew the most –3.9 times. The three represented brands (Kia, Hyundai, Toyota) saw their sales decline by more than 70%.
The most popular car in Russia is still LADA Granta - from January to March, 44.1 thousand cars of this family were sold. This is 3.2 times higher than in the first quarter of last year. The top three also included LADA Niva Travel SUV (10.4 thousand units; +68.9%) and Haval Jolion crossover (7.2 thousand units; +82.6%).

It should be noted that only Korean models Hyundai Tucson (-4.8%) and Kia Sportage (-38.8%) show a drop in sales in the TOP-20, while the largest growth is observed at Chinese EXEED LX (32 times).
* JSC "PPK" ("Passport Industrial Consulting") is a joint venture of JSC "Electronic Passport" and LLC "AUTOSTAT".