The Russian market of new LCVs grew by 12% in September

According to the analytical agency AUTOSTAT, the volume of the market of new light commercial vehicles at the end of September 2020 reached 10.1 thousand units. This is higher by 12.3% than a year ago. The championship among new LCVs still belongs to the domestic brand GAZ. Its share was almost 40% of the total volume or 4 thousand purchased units in the previous month – lower by 1.8% than in September of 2019. The second place (and the first among foreign cars) is occupied by the American brand Ford with the result exceeding 1.6 thousand units (+ 51.2%). This is followed by domestic brands UAZ (1.4 thousand units) and LADA (1.3 thousand units), which also showed the positive dynamics (+ 10.9% and + 29.9%, respectively). French Peugeot (356 units; + 24.5%) also entered the top five. Note that in the first 9 months of 2020, the volume of the Russian new LCV market was 71.1 thousand units, which is lower by 9.2% than in January-September of last year.