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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

The leaders of the Russian car market in July 2019

News

Most of Russians buy used cars due to lack of money

Used cars.jpg

Auto Mail.ru found out why most of motorists buy used cars. The survey was conducted from May 22nd to May 25th among 4,810 users of the Auto Mail.ru project.

The survey showed that 55% of Russian motorists had a second-hand car. Among the reasons for a used car purchase, 43% named a lack of funds for a new car. 25% think that a used, but “fresh” car is not inferior to a new one in quality, but it is cheaper. And 20% of participants were able to buy a car of a higher class due to a used car purchase.

Those who bought a new car (only 45%) made this choice because such cars do not require repair for a long time (36%) or these cars are repaired under the manufacturer’s warranty (17%). Some explained the purchase by saying that they do not like second-hand things (16%), and someone was sure that it was almost impossible to buy a beaten car at the dealer.

Meanwhile, the market volume of used cars this year may reach the lowest level for the last 10 years. According to the forecast of the analytical agency AUTOSTAT, in 2020 the fall in the secondary market can be from 15% to 30%, and its volume will be in the range from 3.78 - 4.59 million units. Recall that for the last decade, the smallest indicator of the used car market was recorded in 2011 - 4.85 million units. However, for the next 4 years the market has grown steadily and already in 2014 reached its historical maximum - 6.1 million units.

01.06.20 AA "AUTOSTAT"
Source: www.autostat.ru