Ministry of Industry and Trade: dynamics of sales of new cars in Russia over nine months
In September, a decrease in sales was recorded for all categories of vehicles
Quick Look
- Sales of new passenger cars in the Russian Federation increased by 7.9% over the nine months, but in September the figure fell by 6.2%.
- Sales of LCVs, trucks and buses show a decline both in the first nine months and in September.
AI-generated summary
Why It Matters
The data is based on the electronic vehicle passport system administered by Electronic Passport JSC.
MOSCOW, October 2 - RIA Novosti. Sales of new passenger cars in Russia in January-September increased by 7.9% in annual terms - to 960 thousand units, in September - decreased by 6.2%, to 114.4 thousand units, the Ministry of Industry and Trade reported, citing data from the analytical company PPK (part of the Electronic Passport JSC group of companies).
This company relies on data from an electronic vehicle passport system.
At the same time, sales of light commercial vehicles (LCV) over the nine months decreased by 16.6% and amounted to 62.9 thousand units. In September, the figure decreased by 11.8% in annual terms - to 7.9 thousand cars sold.
Sales of new trucks in the country in January-September decreased by 8.1%, to 37 thousand units, and in September - by 5.4%, to 4.12 thousand.
Cumulative sales of buses over nine months decreased by 7.8% and amounted to 7.4 thousand units, including in September they fell by 16.1% - to 898 units.
Open Questions
- What are the reasons for the decline in sales in September?
