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Russian Car Market: November Statistics

The Autostat agency published statistics on sales of new cars on the Russian market in November 2023. In total, 109,706 passenger cars were sold in the last month of autumn. Compared to October, demand decreased by 2.3%, and this is an alarming signal. Even despite the fact that the figures for November 2022 were exceeded by as much as 2.1 times (+113%). The market was affected by an increase in scrap collection (it is included in the final price of cars) and an increase in the Central Bank’s key rate, which made loans unavailable.

Top 10 brands on the new passenger car market in November 2023 (pcs.)

With a result of 32,651 cars sold, the domestic Lada is still the leader. Its share in November amounted to almost 30% of the total market volume, although a year ago this figure exceeded 40%. Next are the Chinese brands Haval (14400), Chery (11316), Geely (10551), Changan (6609), Omoda (4129) and Exeed (4096). And only in the eighth place of the November rating is the Korean brand Kia, which sold 2,028 cars, which is 37.6% less than in November 2022. It is significant that a Muscovite who sold 1910 Chinese locally assembled cars has gained a foothold in the top ten.

According to Autostat, the products of domestic manufacturers occupied 33% of the market this November, and foreign cars of Russian assembly got 12% (mainly Haval). Official imports accounted for 47% of cars sold, although in November 2022 their share was half that (23%). Parallel imports accounted for only 8% of the market against October’s 11%: a sharp increase in scrap collection for private owners affected.

Top 10 models on the new passenger car market in November 2023 (pcs.)

Lada Granta takes the unconditional first place in the rating of models with a result of 16203 cars, which is more than twice the sales of the most popular foreign car — the Haval Jolion crossover (7226 units). Three more Ladas entered the top five — Vesta (6548), Niva Travel (5008) and Niva Legend (4739). The remaining five places in the top 10 are occupied by various Chinese crossovers, and among them there is not the cheapest Geely Monjaro. 

In total, 939,254 new passenger cars were sold in our market in the first eleven months of 2023, which is 64.9% higher than in the same period last year.

The light commercial vehicle market has been showing steady growth for 21 months now. In November 2023, 9493 cars were sold: this is 4% higher than the October result and already 49% higher than last year’s November statistics. GAZ remains the leader in terms of sales: 4,998 cars sold, which accounted for 53% of the total market. It is followed by UAZ (1738), Sollers (1452) and Lada (525). And only the Chinese Dongfeng settled in fifth place with a result of 176 cars. In just eleven months of this year, 79,848 light commercial vehicles were sold, which is 19% more than in January—November 2022.

But the volume of sales of heavy commercial equipment has been falling for three months in a row. Last November, only 12,343 new trucks were sold. This is 5% lower than the results of October, although the growth compared to November 2022 reached 54%. KAMAZ remains the leader, which delivered 2,598 trucks, or 21% of the total. It is followed by Chinese manufacturers Shacman (1668), FAW (1501), Sitrak (1457) and Dongfeng (677). In total, 131163 heavy trucks were sold in the first eleven months of 2023, and this is 78% higher than last year’s figure.

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