The share of Chinese brands in the financial capacity of the market has doubled

According to the results of the first two months of 2022, Russians spent 41.3 billion rubles for cars of Chinese brands, which is 9.7% of all money spent on the purchase of new cars. Meanwhile, a year ago (in January-February 2021), this figure was 4.6%. In other words, the share of "Chinese" in the financial capacity of the Russian market has doubled.

Such data are provided by the experts of the agency "AUTOSTAT", using the results of joint research with Bankauto. The fact that the Russian spending for Chinese cars has more than doubled (for 2 months of 2021 - 17.7 billion rubles) is connected both with the continued rise in prices and the increase in their sales. Thus, according to the results of January-February, 20 thousand new passenger cars of Chinese brands were sold in Russia, which is 86% higher than a year ago.