VTB Leasing forecasts sales of new cars in 2023 at 1.3 million
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In Russia, by the end of 2023, 1.3 million cars will be sold, VTB Leasing predicts. The most popular passenger cars will be Lada (32%), Chery (12%) and Haval (10%). Among freight transport, the greatest demand is for KamAZ (24%), Sitrak (18%) and Shacman (16%) models.
“The penetration of leasing into the car market has shown a two-fold increase over two years. If in 2021 this figure was 18%, and in 2022 – 29%, then in 2023 it will collectively reach 32%, or 2.3 trillion rubles,” said Anton Musatov, CEO of VTB Leasing. TASS on the sidelines of the VTB forum “Russia Calling!”
VTB predicts leasing penetration in sales of new cars in the truck segment at 85–90%, in passenger cars – up to 20–30%.
Sales of new cars in January-November 2023, according to the Ministry of Industry and Trade, increased by 59% compared to the same period in 2022, to 1.17 million units.
About the growth in sales of light commercial vehicles – in the material “Kommersant” “The LCV market inspires cautious gazellism”.
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