Russian car market grows by 11% in July

In July the sales of passenger cars and light commercial vehicles in Russia increased by 10.6% up to 143,452 vehicles. According to Association of European Businesses, during seven months of 2018, the Russian car market grew by 17% up to 992,673 vehicles.

According to AEB, July did not bring fundamental changes. The sales market continued its recovery with a convenient double-digit index for the 15th month in succession. We should remind that, according to AEB forecast, in 2018, the Russian car market could grow by 10% up to 1.75 million vehicles.

AVTOVAZ is the leader in the Russian car market with 29,389 LADA vehicles sold last month, which is 11% more than a year ago. The second place and the leadership among foreign brands belong to KIA, which sold 18,508 vehicles (+ 14%).  Hyundai retains the third place with 14.364 vehicles sold (+ 20%).

It is followed by Renault (10,518 vehicles, - 4%). Toyota is on the fifth place with 9,737 vehicles (+ 22%). TOP-10 brands also includes Volkswagen (8,611 vehicles, + 19%), Skoda (6,616 vehicles, + 25%), Nissan (5,961 vehicles, + 4%), GAZ (5,068 vehicles , + 6%) and Ford (3,868 vehicles, -6%).