Corporate purchases of cars fell by 10% in July

While the market of new passenger cars in July showed an increase of 8.5%, the situation in the corporate segment remained in the negative zone. Companies and organizations bought almost 20 thousand new passenger cars, which is lower by 10% than in July of 2019. Thus, approximately every eighth car was taken on the balance sheet by some legal entity.

What brands and models were the most popular among them in July? Among the brands, these were LADA cars. They had more than 15% of the corporate market. In quantitative terms, it was 3.1 thousand units (-10%). The second place is occupied by KIA (2 thousand units; -19%), the third – by Volkswagen (1.8 thousand units; -20%). The fourth and fifth positions are occupied by Toyota (1.7 thousand units) and Hyundai (1.6 thousand units), respectively. At the same time, Toyota recorded a 6.5% decline, while Hyundai was the only brand in the top five with the positive dynamics (+ 17%). LADA Largus remains the leader of the model rating, which was purchased by legal entities in the amount of 1.4 thousand units in July. The second most popular was Volkswagen Polo, with 1.2 thousand sold units. Then KIA Rio (803 units) and Hyundai Solaris (802 units) follow with a difference of only one car. Toyota Camry finished the top-five (727 units).