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The report in focus

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

Analytics

Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

Infographics

How many new cars will be sold in Russia?
  • 14.05.20 How many new cars will be sold in Russia?

    In the framework of the last online conference “AUTOSTAT Analytic Day: Car Market Forecast 2020 under uncertainty”, the experts shared their views on the development of the new passenger car market in Russia. According to the director of the analytical agency AUTOSTAT, Sergey Tselikov, this year the market of new cars in Russia may fall by 30-50%, depending on the development scenarios.

    Archive

News

RAD predicts an 8% drop in the Russian car market in 2020

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According to the forecast of the Association “Russian automobile dealers”, the decline in sales of new cars in Russia may reach 8% in 2020. The secondary market is likely to stay at the level of the previous year (5, 4 million cars), the press service of the RAD informed.

As noted, the direction of used cars retains a good potential, according to the results of 2019, the share of car dealers in this market grew by 3%. The number of cars sold at 1 DC also shows an increase to 792 units, mainly due to used cars: if in 2018 there were 227 used cars per 1 DC, then in 2019 this figure grew to 272 units. It should be noted that the number of dealerships grew to 3380 auto centers in the last year, while in the previous four years their number has been steadily declining.

At the same time, the increase of dealer networks is due to the Chinese brands, the share of which reached 19% in 2019 (645 dealers). Recall that at the end of 2019, the Russian car market reached 1 million 759 thousand cars (-2.3%), according to the Association of European Businesses. As it was predicted by AEB, sales of passenger and light commercial vehicles in Russia will continue to fall in 2020, by reaching 1.72 million units or 2.1% lower than the previous year.

28.01.20 AUTOSTAT
Source: www.autostat.ru