LCV and truck market fell in March, buses rose

According to the results of March this year, there were purchased 17.6 thousand new commercial vehicles in Russia. According to the experts of the AUTOSTAT agency, based on the results of processing and analysis of the relevant data of Electronic Passport JSC, this is 13% lower than for the same month of 2021. Half of this market belonged to the segment of light commercial vehicles (LCV), which amounted to 8.8 thousand units in March. Trucks (7.5 thousand units) own about 43% there, and the rest 7% were occupied by buses (1.3 thousand units).

Among them, in March, the market volumes of LCV fell the most – by 21%. The truck market shrank by 8%. But for buses, on the contrary, it grew, and immediately by 57%. If we consider the results of the 1st quarter of 2022, then during this time the volume of the market of new commercial vehicles was 53.3 thousand units. And this is 7% higher than in January-February of the previous year. A slight drop is observed only in the LCV segment (-0.2%), while trucks and buses recorded the growth (+13% and +49% respectively).