Russian car sales increase 6.9% in April

The 129,476 new cars and light commercial vehicles (LCV) sold in Russia in April 2017 represented a increase of 6.9% compared to the same month in 2016 according to the Association of European Business (AEB) Automobile Manufacturers Committee on May 11.
The 451,945 new cars and LCVs sold in the first four months of 2017 represented an increase of 2.6% over the same period in 2016.
Among the four largest OEM retailers in Russia in April 2017, AvtoVAZ sales were up 6.9% to 26,337 units, Kia sales were up 32.1% to 16,003 units, Hyundai was up 11.9% to 13,656 units and Renault was up 19.0% to 11,574 units.
The 3 bestselling models sold in April were the Kia Rio, Lada Granta and Hyundai Solaris.
Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee said, “Market sales in April increased on a year-on-year basis, at the same time falling short of the volume achieved in March. We are not dealing with a healthy seasonality yet, which reminds us of how fragile the current cautious recovery still is. Nevertheless, April sales result is a another step forward in the right direction.”
(AEB press release from May 11, 2017)