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Hitachi bus deal, Russia sales surge, Honda Ignition expands - the week

Hitachi bus deal, Russia sales surge, Honda Ignition expands - the week
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Russia s May auto sales soar 134% in lockdown rebound

By Reuters Staff 2 Min Read FILE PHOTO: Used cars for sale are on display at an open air automobile market in the far eastern city of Vladivostok September 15, 2014. REUTERS/Yuri Maltsev MOSCOW (Reuters) -Sales of new cars in Russia totalled 147,378 vehicles in May, up 133.8% from the same month last year, when a strict coronavirus lockdown was in place, the Association of European Businesses (AEB) said on Friday. “The same situation we will observe in June, but we will see a more realistic year-on-year monthly comparison from July on,” Thomas Staertzel, chairman of the AEB Automobile Manufacturers Committee, said in a statement.

Russia s April sales surge 290% as lockdowns loosen

Russia s April sales surge 290% as lockdowns loosen Russia s April sales surge 290% as lockdowns loosen Winner last month included Lada, Kia, Skoda, Opel, Mitsubishi and Peugeot Staff report REUTERS MOSCOW New-car sales in Russia rose 290 percent in April to 151,964 compared with the same month last year when a strict coronavirus lockdown was in place, the Association of European Businesses (AEB) said. Especially the four biggest local manufacturers showed above-market performance compared with the same month last year when the lockdown affected them most, Thomas Staertzel, chairman of the AEB Automobile Manufacturers Committee, said in a statment. Brand sales Russia s top-selling brands all had triple-digit-percentage increases last month, with sales at market leader Lada rising 304 percent and No. 2 Kia up 341 percent. Third-place Hyundai and Renault at No. 4, saw their volumes rise 538 percent and 345 percent, respectively.

Russia s March sales fall 6%; Q2 rebound expected

Russia s March sales fall 6%; Q2 rebound expected Russia s March sales fall 6%; Q2 rebound expected Sales of market leader Lada rose while Hyundai, Renault and Toyota volume dropped Staff report REUTERS New-car sales in Russia fell 5.7 percent last month, dashing hopes that an 0.8 percent rise in February meant that growth was slowly returning. A total of 148,676 vehicles were sold in March, the Association of European Businesses (AEB) said in a statement. Despite the drop, the AEB remains positive about a recovery in the next few months. It is worth mentioning that March 2020 was the best month last year before the lockdown in April, said Thomas Staertzel, chairman of the AEB Automobile Manufacturers Committee.

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