Categories: Auto News

The Russian automobile market has grown by a third

In the fall of 2024, the demand for new cars has increased markedly compared to the same period last year. Reasons: rising rates [утильсбора](https://motor.ru/news/utilsbor-01-10-2024.htm) in October and a new increase, which is expected in January 2025. Russians now not only strive to update their transport, but also consider the purchase of a new car as an investment, Izvestia writes, citing experts. Next year they predict a noticeable decline in sales.

The leader in the market is Lada Granta with an 8.9 percent share, second place is occupied by Vesta with 4.9 percent, and third is the Chinese Haval Jolion with 4.3 percent. In fourth place is Moskvich 3, whose share is 2.9 percent, in fifth place is the classic Lada Niva Legend with 2.6 percent. At the same time, the share of cars of Chinese brands, which are strengthening their positions, including due to the rapid growth of the range, has almost reached 70 percent.

After the October boom, the car market sank noticeably. In the first week of winter, it began to grow again: more than 30 thousand new cars were sold. However, demand will soon decrease significantly, experts say. The reasons are both the rise in price of the cars themselves due to the exchange rate of the ruble and the recycling fee, and the high rate of the Central Bank.

Manturov explained why cars are not getting cheaper in Russia How many “gray” cars are sold in Russia per month Minus three positions: the Russian car market has dropped to fifth place in Europe

In addition, banks have tightened requirements for borrowers and it has become more difficult to take out loans. At the same time, more than half of new cars and more than 70 percent of the “Chinese” buy on credit.

According to the baseline forecast, 1.43 million passenger cars will be sold on the Russian market in 2025, 10 percent less than in 2024. According to the pessimistic scenario, sales will not exceed the 1.3 million mark.

At the price of a Lada: cheap new products for different countries

Recent Posts

Jeep disguises Wrangler and Gladiator as army Willys

The American automaker again turned to its roots, to its military past, and presented new…

BMW at Le Mans showed what the M line of sports cars will look like

BMW held the world premiere of the M Neue Klasse concept at the 24 Hours…

Motor magazine listed the features of the third generation Audi Q7

In Russia, the Audi Q7 is often called “kuziben”, with an emphasis on the letter…

Lexus will begin equipping the ES sedan with deodorant to combat foot odor

Lexus has introduced a wide range of accessories to the home market for the new…

Top Speed ​​names 10 luxury cars with reasonable maintenance costs

Contrary to popular belief that luxury cars require a huge investment, some models boast impressive…

The new Russian brand Jeland began selling the J6 crossover from 2.3 million rubles

This is the company's first model. The J6 crossover, first presented at the St. Petersburg…