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Sales of new passenger cars, LCVs in Russia down 6 5% to 132,640 in July — AEB
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Hitachi bus deal, Russia sales surge, Honda Ignition expands - the week
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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
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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