Russian car sales increase 17.9% in September   [ Russia ]

The 148,371 new cars and light commercial vehicles (LCV) sold in Russia in September 2017 represented a increase of 17.9% compared to the same month in 2016 according to the Association of European Business (AEB) Automobile Manufacturers Committee on October 9.
The 1,129,374 new cars and LCVs sold in the first nine months of 2017 represented an increase of 10.6% over the same period in 2016.
Among the four largest OEM retailers in Russia in September 2017, AvtoVAZ sales were up 23.8% to 28,263 units, Kia sales were up 40.3% to 18,797 units, Hyundai was up 12.0% to 15,899 units and Renault was up 21.6% to 12,739 units.
The 3 bestselling models sold in September were the Kia Rio, Lada Granta and Lada Vesta.
Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee said, “September proved to be another good month on the way to a continuous recovery of the Russian car market. Quarterly sales in the period from July through September grew by a robust 17.7% compared to last year, and in absolute terms equalizing the sales volume of 410 thousand units achieved in the same quarter two years ago. Market sentiment is strong that the positive trend will continue in the coming months. Accordingly, the AEB forecast for the full year 2017 has been revised up to 1.58 million units, or 10.8% improvement over 2016.”

(AEB press release from October 9, 2017)

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