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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

Rating of automobile brands on the index of trust service center

News

The Russian car market is the second one in Europe in August

Russian market.jpg

The Russian car market, which returned to its decline in August, nevertheless rose to second place in the ranking of the largest car markets in Europe at the end of the previous month.

As analysts of the agency "AUTOSTAT" noted, our country was able to improve its positions in the "European championship", first of all, thanks to the traditional for Europe summer decline in demand for cars. According to the data obtained by the AUTOSTAT agency in the national associations of European automakers, Germany became the leader in car sales in August, where 251,044 cars were sold (-20%). As noted in the Association of the German Automotive Industry (VDA), such a significant drop in sales is due, in particular, to the high base of the previous year, as well as the exhaustion of the deferred demand that formed during the quarantine period.

If, when considering the European automotive market, take into account Russia, and then our country has risen to the second place in the European rating. According to the agency "AUTOSTAT", sales of passenger cars in the previous month were about 130 thousand units (excluding LCV).

The third result among European car markets was shown by France - 103,631 sold cars (+ 11.3%). Thus, a negative result was recorded after two months of growth. Italy is the next with 88,801 sold cars (-0.4%). According to the Italian Association of Automobile Manufacturers (ANFIA), the stabilization of demand was recorded for the first time after five months of a double-digit drop in sales.

This time Great Britain finished the five European leaders, the dealers of which have sold 87,226 cars (-5.8%). As noted in the British Society of Automobile Manufacturers and Dealers (SMMT), August is traditionally characterized by a seasonal drop in demand ahead of the September surge in sales associated with the upcoming introduction of new excise taxes on vehicles.

We also add that the Spanish car market in August decreased by 10.1% and reached 66,925 cars. As noted in the Spanish Association of Manufacturers of Cars and Trucks (ANFAC), a negative result was recorded, despite the action of the fleet renewal program, which is due to the summer holidays and consumer uncertainty in connection with a possible second wave of coronavirus.

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