Sales of Chinese cars went "in the minus" in May

According to the estimation of the analytic agency "AUTOSTAT", by the results of May of 2019, 2,859 new cars of Chinese brands were sold in Russia. It is less by 5.5% than for the same month of the last year.

According to agency experts, the fall in May affected the sales of Chinese cars for the period since the beginning of the year. Thus, by the results of 5 months, their volume amounted to 12,957 units, which is less by 0.6% than the level of January-May of 2018. Meanwhile, back in April, the situation with sales of cars of Chinese brands looked quite positive, about which AUTOSTAT reported earlier.

It should be noted that the majority of Chinese automakers from China (7 out of 11) demonstrated a market decline in May, with double-digit indicators: Hawtai (-88%), Lifan (-66%), Foton (-57%), FAW (-56%), Zotye (-36%), Changan (-27%), Chery (-13%). At the same time, the growth of sales is kept by the leaders of the “Chinese” segment - Geely (3.4 times) and Haval (2.5 times), as well as brands DFM (+ 71%) and Brilliance (+ 33%).