Sales will increase by 80%
By the end of January 2024, sales of more than 80 thousand new passenger cars are expected on the Russian market, which is 80% more compared to January last year and 7% less than January 2022. < /p>
According to the agency «Avtostat», at the beginning of 2024, the Lada brand is the leader in the Russian market with a share of 28%. Next come three Chinese brands: Haval (12%), Geely and Chery (11% each). The top 10 also includes Changan, Exeed, Omoda, Tank and Lixiang. In addition, the South Korean company Kia was included in the rating.
The forecast indicates a possible increase in sales of new passenger cars in Russia in 2024 by 18%, reaching 1.25 million units. Optimistic scenario — growth to 1.4 million vehicles (+32%), while the pessimistic scenario assumes a decline in sales by 5.5%, to 1 million units.
In 2023, sales of new passenger cars in Russia increased by 69%, reaching 1,058,708 cars. The Lada brand occupied 30% of the market, selling 324,446 cars last year.