In March, the Russian car market showed one of the worst results for 15 years

According to the results of March 2022, the volume of purchases of new passenger cars in Russia turned out to be one of the lowest in the history of market observations, the experts of the AUTOSTAT agency found out. Thus, in the first month of spring, Russians purchased* 78.9 thousand new cars, which turned out to be 43% lower than in March 2021. Moreover, even if we consider the monthly indicators of the car market since 2007, i.e. for 15 years, then in March there have never been such low values. If we take into account the statistics for all months, then the indicators of January 2017, January and February 2010, April and May 2020 were worse than in March 2022. Just in April 2020, the "bottom" of the Russian car market was recorded, the result of which was 54.5 thousand sold new cars.

Recall that against the backdrop of the outbreak of the coronavirus pandemic, a self-isolation regime was introduced and the work of car dealerships was suspended. The current low market rate is explained by the consequences of the military special operation in Ukraine (suspension of car deliveries, a sharp increase in prices for them, etc.). At the same time, even in January and February of 2022, the market volumes were higher than in March, although before it was always the other way around. But the highest market result for the month was noted in December 2014 - 279.2 thousand units. That is, it is 3.5 times higher than now.

* based on the data of JSC "Electronic Passport"