Russian car sales decrease 1.0% in December, 11.0% for 2016

The 145,668 new cars and light commercial vehicles sold in Russia in December represented a decrease of 1,526 units, or 1.0% compared to the same month in 2015 according to the Association of European Business (AEB) Automobile Manufacturers Committee.
In all of 2016, 1,425,791 cars were sold in Russia, an 11% drop from 2015 sales.
Among the four largest OEM retailers in Russia in December 2016, Lada sales were up 18% to 27,630 units, Hyundai sales were up 12% to 14,047 units, Kia sales were down 13% to 13,193, and Renault sales were up 15% to 13,765 units sold.
The top 10 models sold in December were the Lada Granta, Hyundai Solaris, Kia Rio, Lada Vesta, VW Polo, Hyundai Creta, Renault Duster, Renault Kaptur, Chevrolet Niva, and Renault Sandero.
Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee said, “In 2017, the AEB believes the market has the potential to end a 4-year period of decline and to return to moderate growth. Total market sales are expected at a level of 1.48 million units, or 4% above 2016 result”.

(AEB press release from January 12, 2017)