In May 2023, the Russians spent 487.3 billion rubles on used cars, 85% more than in May 2022. In this respect informs TASS, citing a study by the analytical agency Avtostat and Otkritie Avto.
According to the research, Russian residents bought 501.9 thousand used cars in May, which is 54.1% more than in May 2022. Then the Russians bought 326.7 thousand used cars.
Most of the 487.3 billion rubles (182.8 billion rubles) spent on the purchase of cars in May 2023 went to the purchase of cars 10 years and older. 150.5 billion rubles were spent on cars under 5 years old, and 154.1 billion rubles on cars 5 to 9 years old.
Russian spending on used Japanese cars increased the most: compared to the same month of 2022, this market segment increased by 105% in monetary terms to 165.8 billion rubles. Quantitatively, the Japanese-made car market grew 80% to 149,000 units.
It was previously known that Volkswagen. will reduce Electric vehicle production is 30% due to low demand.