By the end of 2023, 950,000 new cars will be sold in Russia. This was said by the head of the Russian Association of Auto Dealers (ROAD), Alexei Podshchekoldin, correspondent of socialbites.ca from the congress of ROAD.
The market will grow around 40 percent. We think that the market will also grow next year. The Russian market is promising. In general, according to the results of this year, the number of buyers of both new and used cars in Russia will reach 7 million,” said Podshchekoldin.
ROAD said that the financial capacity of the Russian automobile market will be 7 trillion rubles in 2022, compared to about 9 trillion rubles at the end of this year.
According to the European Business Association (AEB), sales of new cars and light commercial vehicles in Russia at the end of 2022 amounted to 687 thousand units; this figure is 58.8% lower than in 2021.
New passenger car and light commercial vehicle Russian market opened in July augmented It increased by 63% compared to the same month of 2022. During the month, 52.8 thousand cars were sold in Russia.
Formerly socialbites.ca to solvedealers will once again have access to the service systems of Volkswagen, Audi and BMW.