New car market in Russia: March, 2024 figures are released

According to the AEB Automobile Manufacturers' Committee, total sales of new passenger cars and light commercial vehicles in the first quarter of 2024 amounted to 249,118 units excluding alternative supply channels and about 332,898 units including them. These figures are confirmed by new car sales data from PPK1 – 341,619 units. The difference in numbers is due to additional sales through alternative channels.

According to PPK, sales of new cars in March amounted to 150,640 units, 102% more than in March 2023.

The first quarter was marked by the launch of local production at factories that had been idle recently. The emergence of new brands expands the choice options for customers.

Based on the emerging trends on the market and taking into account the fact that there will be no significant negative changes, the Automobile Manufacturers Committee confirms the previously announced forecast and believes that in 2024 the market will reach and possibly exceed 1.3 million new cars.

Top 10 brands in 1Q 2024:
Lada: 91,563 units
Haval: 37,470 units
Geely: 29,104 units
GAZ*: 11,878 units
Omoda: 8,533 units
Exeed: 7,684 units
Tank: 6,623 units
UAZ*: 6,337 units
Jaecoo: 4,576 units

Detailed press release is available on the AEBRus website.

If you are interested in Central and East European automotive markets, we've got all the data you need! Please let us know your needs.