The Russian car market remained the fifth one in Europe in January

The Russian car market, which showed the slight growth in January, nevertheless remained the fifth one in the European championship.

According to data obtained by the AUTOSTAT agency in the national associations of European car manufacturers, Germany remained the leader by sales of cars in the previous month, where 246,300 cars were sold (-7.3%). As noted in the German Automobile Industry Association (VDA), after a strong spurt at the end of last year, the German car market began this year, as it was expected, with restraint. However, this result was the third one in January since 2000.

Italy is the second one in the European ranking, its result was 155,528 cars (-5.9%). The third place is occupied by the United Kingdom with 149,279 cars (-7.3%). As noted in the British Society of Automakers and Car Dealers (SMMT), this is the worst result for January since 2014. France is the next, its dealers sold 134,230 cars (-13.4%).

If we take into account Russia when considering the European car market, then our country remains the fifth one in the European rating. According to preliminary estimates of the AUTOSTAT agency, sales of cars reached about 97 thousand units in the previous month (excluding LCV). We also add that the Spanish car market fell by 7.6% and reached 86,443 cars. Spanish Association of Car and Truck Manufacturers (ANFAC) expects a further drop in sales, which will reach about 3% by the end of 2020 in compare with the previous year.