In January-September 2023, the sales of new cars and light commercial vehicles in Russia increased by 42.8% year-on-year to make 761.1 thousand units.
Starting from June 2023, the Association of European Businesses (AEB) press release has been supplemented with sales data provided by PPC JSC (Passport industrial consulting), including, among other things, sales volumes not included in AEB statistics. The AEB expects that this will make it possible to give a more objective assessment of the state of the new car sales market and its dynamics.
Alexey Kalitsev, Chairman of the AEB Automobile Manufacturers Committee, commented: “Over 9 months of this year, we have observed a steady growth trend in the new car sales market, which indicates its high potential and gradual recovery despite rising prices and serious volatility in the ruble exchange rate.”
In September 2023, new cars and light commercial vehicles sales in the Russian market surged 2.2-fold year-on-year amounting to 116.3 thousand units. Month-on-month growth was 4.5%.
Most of the Top 5 car brands in Russia saw their sales grow.
Lada remained the leader of the Russian car market in September 2023 with its sales up 75.5% year-on-year to 36.2 thousand units.
China’s Haval remained the second with 13.1 thousand units sold, up 3.8-fold year-on-year.
Russia’s GAZ commercial vehicles rated the third with 5.4 thousand units sold, up 41.4% year-on-year.
Another Russian brand, UAZ rates the fourth with its sales growing 59.4% in August to more than 4 thousand units.
One more Chinese brand Tank, a crossover division of Great Wall, is in the fifth position with its sales making slightly more than 1.5 thousand units.
Most of the brands sold in the Russian market demonstrated a negative trend in September 2023, the few exceptions apart from the brands in the Top 5 being China’s GAC (up 5.8-fold), FAW (up 4.6-fold), and Great Wall (up 2.1-fold).
Other brands saw their sales decline significantly.
Photo: open source