Russia (AEB): Automotive sales in the first quarter: 1.8% year-on-year increase, outlook difficult
Russia (AEB):
St. Petersburg
April 16, 2020
European Business Association in Russia: (AEB)
European Business Association in Russia (AEB) announced (April 8)
Russia First quarter passenger car / light commercial vehicle sales increased 1.8% year-on-year to 398,518 units in the first quarter (January-March) of 2020.
By Brand: Unit Sales (See Attachment)
“Lada”, the largest local passenger car AVTOVAZ, is the most sold
“Lada”: 79,600 units (down 3.4% year-on-year)
Kia: 51,870 units (down 2.1% year-on-year),
Hyundai: 41,576 units (up 0.4% year-on-year)
Compared to the situation in the first quarter of 2019 (1.8% decrease compared to the same period of the previous year), sales volume increased, but it is hard to say that the market has expanded.
AEB: Automotive Manufacturers Committee
Mentioned that the sales volume in March was favorable (up 4.0% year-on-year).
Regarding the reason for the increase compared to the previous year, he said, “It is due to the fall of the currency ruble (which occurred in March) (see the article on March 11, 2020) (Note).” ,
-JETRO
https://www.jetro.go.jp/biznews/2020/04/035b58037ec5688f.html