New car market in Russia: August, 2021 figures are released

New car market in Russia: August, 2021 figures are released

According to the AEB Automobile Manufacturers Committee (AEB AMC), sales of new passenger cars and light commercial vehicles in Russia decreased by 17% in August 2021 compared to the same month of the preceding year. In the eight month of the current year, 114,130 units were sold; 23,387 units less than in August 2020.

“In August, we experienced a significant drop in car sales with -17% as compared to August 2020. Whereas the demand situation remains stable, the production cuts resulting from the worldwide lack of electronic components continue increasing the gap between demand and supply thus negatively influencing the sales figures. As there is no sign of a soon resolution of this situation, we expect volatile sales situation and further market decrease in the next few months. YoY results still remain positive. For the period from January to August 2021 1,067,890 new passenger cars and light commercial vehicles were sold, which is 21,3% higher than last year. With the existing trend we so far keep our year end forecast (+9,8%) unchanged but will evaluate it again after the third quarter,” Dr. Thomas Staertzel, Chairman of the AEB Automobile Manufacturers Committee, said.

Top 10 brands in August, 2021:
Lada: 19,428 units
Kia: 17,277 units
Hyundai: 14,106 units
Renault: 9,699 units
Toyota: 6,848 units
Volkswagen: 6,754 units
Škoda: 5,497 units
GAZ*: 5,161 units
Chery: 2,956 units
Nissan: 2,770 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 114,130 new passenger cars and LCVs sold in Russia in August 2021