Car sales deepen the fall – Business – Kommersant

The Russian car market in October decreased by 62.8% compared to the previous year, being less in volume than even in the previous month. None of the popular brands was able to increase sales, including Lada, despite the offer of the only budget car Granta currently available in car dealerships and state support.

In October, sales of passenger cars and light commercial vehicles (LCV) in Russia fell by 62.8% to 45.2 thousand units, calculated at the Association of European Businesses. Moreover, the market turned out to be smaller than in September, when sales amounted to 46.7 thousand units, and the rate of reduction compared to last year was slightly lower – by 59.6%.

For ten months, sales decreased by 60.8% to 502.5 thousand units. The data does not include reports from BMW, Mercedes-Benz, and Chery and its brand Exeed – they only report quarterly.

In addition, in October, the entire top 10 of the market turned out to be in the red, including its leader Lada, whose sales grew by 20% a month earlier. In October, AvtoVAZ’s sales fell by a quarter, to 19,000 units.

The bestseller among foreign cars was the Chinese Haval with the result of 4.4 thousand cars sold, which is 8% less than a year earlier.

At the same time, Korean Kia and Hyundai, which have traditionally been leaders in this list, showed significantly worse dynamics due to short deliveries and suspension of production in the Russian Federation. Thus, sales of Kia fell by 79%, to 3.3 thousand units, Hyundai – by 86%, to 1.8 thousand units. GAZ occupied the third line of the brand rating (drop by 33% to 3.9 thousand cars), while another Russian brand, UAZ, reduced sales by 16% to 3.1 thousand cars. Selling stocks and leaving the market Nissan (1.2 thousand units) and Renault (1.1 thousand) reduced sales by 77% and 88% respectively. Top 10 closes Skoda, whose sales fell by 85%, to 812 cars. Other brands popular in previous years sold less than 500 cars each last month, and Mitsubishi sold only 70 cars at all (a drop of 98%).

The most popular model, as in recent months, remains Lada Granta – the only budget offer on the Russian car market. Its sales are also supported by a program of preferential car loans.

Olga Nikitina