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Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Exit date 03.04.2020

Format PDF

Price 850 eur.

In the report commercial vehicle market is traditionally subdivided into segments: light commercial vehicles (LCV), medium-duty vehicles (MCV), heavy-duty trucks (HCV) and buses (BUS).

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New truck market slowed in February


After the strong growth in January of 2020 (+ 18.6%), the Russian market of new trucks in February showed a slowdown. According to the analytical agency AUTOSTAT, the market volume reached 5.8 thousand units in the previous month, which is higher only by 0.8% than in February of 2019.

Despite the negative dynamics, the leader here is still the domestic KAMAZ brand, the share of which was more than a third of the total market of new trucks in February of 2020 (+ 35.4%). In quantitative terms, this corresponds to 2 thousand units, which is lower by 16.6% than the result of February of 2019.

The second place is occupied by another domestic manufacturer - GAZ, sales of which also declined. Its market volume was 532 cars, which is lower by 9.8% than a year ago. This is followed by Swedish Volvo (479 units; + 25.7%) and German MAN (389 units; + 38.9%).

In addition to them, the top-5 of brands- leaders of the freight segment also included the Russian Ural (363 units; + 17.1%). According to the experts of the analytical agency AUTOSTAT, in the first two months of 2020, the market of new trucks also showed the growth. During this time, its volume reached 11.9 thousand units, which is higher by 9.2% than the result of a year ago.

12.03.20 AUTOSTAT
Source: www.autostat.ru