New car market in Russia: November, 2020 figures are released

According to the AEB Automobile Manufacturers Committee (AEB AMC), sales of new passenger cars and light commercial vehicles in Russia increased by 5,9% in November 2020 compared to the same month of the previous year. This November, 157,580 units were sold; 8,725 units more than in November 2019.

Thomas Staertzel, Chairman of the AEB Automobile Manufacturers Committee commented: “As expected, the strong start of the Year-end race has continued with another month of growth. In November, the new vehicle sales increased by 5,9%, a little less than in October. Since the summer, the weakened Ruble has been pushing the customer demand and, consequently, the sales. The New Year shopping time has started already and expected price adaptations by manufacturers additionally motivate faster purchase decisions. With -10,3% YoY and a strong sales month ahead, the AEB AMC year-end sales forecast of 1 522 k passenger vehicles and LVCs looks even more realistic.

Top 10 brands in November, 2020:
Lada: 38,064 units
Kia: 21,012 units
Hyundai: 17,446 units
Renault*: 13,852 units
Škoda: 9,666 units
Volkswagen: 10,208 units
Toyota: 8,199 units
GAZ*: 5,540 units
Nissan: 4,924 units
UAZ*: 4,109 units

*LCV sales are included into total brand's sales.

Detailed press release is available on the AEBRus website.

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