New car market in Russia: October, 2020 figures are released

New car market in Russia: October, 2020 figures are released

According to the AEB Automobile Manufacturers Committee (AEB AMC), sales of new passenger cars and light commercial vehicles in Russia increased by 7% in October 2020 compared to the same month of the previous year. This October, 154,164 units were sold; 10,030 units more than in October 2019.

Thomas Staertzel, Chairman of the AEB Automobile Manufacturers Committee commented: “Like every year, strong October sales performance starts the year-end race. With 7% increase of new vehicle sales versus October 2019, the first month of Q4 shows highest monthly growth in 2020 so far. This strong result is mainly triggered by the success of the big market players with the domestic production that assures more flexibility in deliveries. With -12,1% YoY, the annual gap versus the last year is getting smaller, expecting two strong months coming.”

Top 10 brands in October, 2020:
Lada: 37,019 units
Kia: 21,217 units
Hyundai: 15,431 units
Renault*: 14,356 units
Škoda: 10,101 units
Volkswagen: 9,770 units
Toyota: 8,052 units
Nissan: 5,873 units
GAZ*: 5,032 units
UAZ*: 3,666 units

*LCV sales are included into total brand's sales.

Detailed press release is available on the AEBRus website.

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According to a recent report by AEB there were 154,164 new passenger cars and LCVs sold in Russia in October 2020