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Car sales in Russia fell by 63%

Photo: AutoSpyNews.net

According to the results of October, AvtoVAZ remained the leader of the Russian market, increasing the share of Lada to 42.3%.

Sales of passenger cars in Russia in October decreased by 62.8% (2.7 times) in annual terms – to 45,228 units. This was announced by the Association of European Businesses (AEB) on Monday, November 7th.

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It is indicated that after May fell to the mark of 24.3 thousand pieces. the market in the Russian Federation grew gradually: in June, sales reached 27.8 thousand units, in July – 31.4 thousand, in August 41.7 thousand, in September – 47.7 thousand units.

AvtoVAZ remained the Russian market leader in October, increasing Lada’s share to 42.3% (+21.3 percentage points yoy). Last month, the company sold 19,145 vehicles (-25.1% YoY and -7.3% against September).

The most popular foreign car in October was Haval Jolion, like Lada, subject to car lending programs – 3,069 cars of this model were sold, which is twice as much as a year earlier.

In just 10 months of this year, 502,474 passenger cars and light commercial vehicles were sold in Russia, which is 60.8% (almost 2.6 times) lower than the figure for the same period in 2021.

Recall that after the invasion of Ukraine, most of the world’s automakers left Russia. French concern Renault closed its plant in Moscow. On its base, the Russian authorities may start producing Chinese cars under the Moskvich brand.

Uganda has offered its electric cars to Russia

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Source: korrespondent

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