Russia - Automotive Sales volume, 2024

Flash report, March 2024

Apr 9, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Russian car sales increase 107.9% in March
The 100,658 new cars and light commercial vehicles (LCV) sold in Russia in March 2024 represented an increase of 107.9% compared to the same month in 2023 according to the Association of European Business (AEB) Automobile Manufacturers Committee on April 3.(Only total numbers are available due to limitations relating to the source material)
The 249,118 new cars and LCVs sold in the first three months of 2024 represented an increase of 62.3% over the same period in 2023.
Among the five largest OEM retailers in Russia in March 2024, Lada sales were up 42.5% to 91,563 units, Haval sales were up 125.2% to 37,470 units, Chery was up 74.4% to 33,00 2units, Geely was up 129.7% to 29,104 units and GAZ LCV was up 24.3% to 11,878 units.
The 3 bestselling models sold in March were the Lada Granta, Lada Niva and Lada Vesta.

Russia - Sales of new vehicles by type

Only total numbers are available due to limitations relating to the source material.
The number of units by brand will be included in the annual update.

	Mar. 2024	Mar. 2023	Y-o-Y	Jan.-Mar. 2024	Jan.-Mar. 2023	Y-o-Y
Passenger cars	N/A	N/A	-%	N/A	N/A	-%
Light Trucks (Pickup Truck, SUV)	N/A	N/A	-%	N/A	N/A	-%
Total	100,658	48,414	107.9%	249,118	153,477	62.3%

Source: Association of European Businesses (AEB)

Flash report, February 2024

Mar 6, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Russian car sales increase 98.9% in February
The 83,260 new cars and light commercial vehicles sold in Russia in February represented an increase 98.9% compared to the same month in 2023 according to the Association of European Business (AEB) Automobile Manufacturers Committee on March 5 (Only total numbers are available due to limitations relating to the source material).
Alexey Kalitsev, Chairman of the Automobile Manufacturers Committee, commented Alexey Kalitsev, Chairman of the Automobile Manufacturers Committee, commented "In February, the impact of market oversaturation due to high levels of inventory remains but becomes less pronounced.
The state introduces and adapts various support measures and restrictions in order to regulate the automobile market, which should stimulate and strengthen the development of local production. At the same time, opportunities are provided for further successful development of the automotive business, including for players with newly acquired assets. In particular, the list of Russian-made cars recommended for government procurement has been expanded.
Other measures include the following:
- From February 1, the simplified certification system ceased to apply to electric vehicles imported officially. In the short term, this will not contribute to the growth of sales of such cars, but it should obviously stimulate local production and have a positive effect on the technical support of the sold cars. -From April 1, an additional disposal fee will be charged for cars imported through the EAEU countries. It is likely that this measure supports the market in February and March, when the “window” is still open and those wishing to buy a cheaper car will try to take advantage of it. Based on market trends in January-February, there are good preconditions for continued growth in March.”

Russia - Sales of new vehicles by type

Only total numbers are available due to limitations relating to the source material.
The number of units by brand will be included in the annual update.

	Feb. 2024	Feb. 2023	Y-o-Y
Passenger cars	N/A	N/A	-%
Light Trucks (Pickup Truck, SUV)	N/A	N/A	-%
Total	83,260	41,851	98.9%

Source: Association of European Businesses (AEB)

Flash report, January 2024

Feb 6, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Russian car sales increase 100.6% in January
The 65,200 new cars and light commercial vehicles sold in Russia in January represented an increase 100.6% compared to the same month in 2023 according to the Association of European Business (AEB) Automobile Manufacturers Committee on February 5 (Only total numbers are available due to limitations relating to the source material).
Alexey Kalitsev, Chairman of the Automobile Manufacturers Committee, commented “Market dynamics were influenced by ongoing adaptation to internal and external factors. One of these factors is market saturation due to high levels of inventory concentrated in the crossover segment. Also, the growth figures are driven by the low base of January last year. Compared to December 2023, there is a slowdown, which is typical for January, since traditionally in December contracting is more dynamic due to the upcoming holidays. It is obvious that the impact of a significant increase in the key rate, disposal fee and other factors continues, that’s why many customers are postponing the purchase of a new car.
To further maintain the growing trend, it is necessary to strengthen measures to support consumer demand both from dealers and manufacturers, and at the state level as well. In February, we will be able to assess the development trends of the automotive market with greater accuracy."

Russia - Sales of new vehicles by type

Only total numbers are available due to limitations relating to the source material.
The number of units by brand will be included in the annual update.

	Jan. 2024	Jan. 2023	Y-o-Y
Passenger cars	N/A	N/A	-%
Light Trucks (Pickup Truck, SUV)	N/A	N/A	-%
Total	65,200	32,499	100.6%

Source: Association of European Businesses (AEB)