According to the Association of European Businesses (AEB) statistics, the sales of new cars and light commercial vehicles in Russia during January 2022 declined by 3.7% year-on-year and by 31.3% month-on-month to make 91.7 thousand units.
“Traditionally, January is a month of low new car sales volume. The trend of a slight market decrease continues in 2022 as expected: 91 662 new vehicles and LCVs were sold in the first month 2022 which is 3,7% less than a year before. LCVs also decreased, but with -15% even significantly due to low business during New Year season. After the return of the 15% import tax duty for BEVs we start witnessing increase of their prices for end customers. As forecasted, we do not expect any fast market recovery this year, but still hope that the trend will change in its second half,” Thomas Staertzel, Chairman of the AEB Automobile Manufacturers Committee, commented.
Lada remained the leader of the Russian car market in January with its sales down 17.4% year-on-year and down 39.7% month-on-month to 18 thousand units.
KIA continues to rate the second with its sales amounting to 12.3 thousand cars, down 18.1% year-on-year and down 20.7% month-on-month.
Hyundai stepped back to the third position with its sales up 3.7% year-on-year and up 49.6% month-on-month to 11.4 thousand cars.
Renault ranked the fourth, its sales declined by 7% year-on-year and by 34.1% month-on-month to 7.9 thousand units.
Toyota was the fifth with its sales up 14.9% month-on-month and down 40.9% month-on-month to some 6.1 thousand units.
Among the car brands that demonstrated the most spectacular growth in January 2021 were Cheryexeed (up 10-fold), Chevrolet (up 3.7-fold), Geely (up 3.4-fold), GAC (up 3-fold), Opel (up 2.4-fold), Mitsubishi (up 2.2-fold), Infiniti (up 2.1-fold) и Haval (up 2-fold).
The brands that saw their sales decline the most were Lifan (down 95%), Brilliance (down 79%), Foton commercial vehicels (down 88%), and Cadillac (down 62%).