The share of Chinese trucks to approach 40% in the Russian market

The market share of Chinese trucks in Russia continues to grow. This conclusion is made by the experts of AUTOSTAT agency based on the analysis of the data on vehicle sales in the first week of July from Electronic Passport company.  Thus, 582 new trucks of Chinese brands were sold in our country from 4 to 10 July, 2022, which is 37.6% of the total market. Meanwhile, a week earlier (from 27 June to 3 July), it was 35.7%. We should remind that in general, in June, the share of Chinese vehicles, came up to almost 31%. A half of the TOP-10 most popular new truck brands for the first week of July came from Chinese vehicles. The leader among them is Howo with 190 vehicles sold, which enabled it to take the second place in the rating (after KAMAZ).

It is followed by Shacman/Shaanxi (188 vehicles, 3rd place), FAW (82 vehicles, 5th place), JAC (71 vehicles, 8th place) and Hongyan (27 vehicles, 9th place). Earlier, the experts of AUTOSTAT agency have already reported that in the first week of July, only truck sales increased in the automotive market - by 2%. At the same time, the sales of Chinese vehicles grew more (+7%). Under the current trend, their share is likely to continue growing in the coming weeks, and could reach 40%.