ROAD predicted a drop in new car sales in Russia until the end of 2023
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The Russian Automobile Dealers Association (ROAD) assumed a 5-10% decline in demand for new cars until the end of this year. This was reported to the Road Traffic Safety Inspectorate “RIA Novosti”.
Sales of new passenger cars in Russia are projected to decline by 5–10% in the fourth quarter compared to the third quarter of this year. According to “Avtostat”, in the third quarter of 2023, 315.7 thousand new passenger cars were sold. Leader of the car market became domestic brand Lada.
In recent months, sales of the domestic automaker AvtoVAZ have been growing, along with the entire automotive market. The company can sell another 230 thousand cars in the second half of the year, which will be a record volume since 2012. To do this, Lada must increase sales rates by 1.5 times in the remaining months.
Details – in the material “Kommersant” “Citizens are switching to their own”.
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