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Russian market-2018: the first results. Double-digit growth and forecast to 2019

The Association of European businesses in Russia has published the data of sales of new passenger cars and light commercial vehicles in 2018.Alekseeva Elena

In December of 2018 in our market sold 175 thousand cars, and total sales for the year amounted to 1.8 million cars, which is 12.8% more than the previous year, the correspondent of “Behind the wheel”. With such results, the Russian market came in fifth place in Europe.

According to the head of the Committee automakers Association of European businesses (AEB) in Russia, Joerg Schreiber, in 2019 to expect double-digit growth in sales definitely not worth it. Negative factors were the increase in VAT and the difficult beginning of the year. Based on the fact that the sharp changes in the economy will not, AEB expects sales of new cars and light commercial vehicles in 2019 at 3.6%.

Details about which models were the leaders of the Russian market for the year will be published today, but according to preliminary data, the victory in the overall standings went to the Russian Lada Vesta. Following are the Kia Rio and Hyundai Creta.

  • In 2019, the market leadership has to save AVTOVAZ. The company has promised two new products and curb rising prices.
  • In November, the most popular model in Russia was Lada Granta.

Photo: “Behind the wheel”

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