According to the results for 10 months of 2023, the Chinese automobile company Chery became the leader in revenue from the sale of new cars in Russia in the amount of 268 billion rubles. This was reported in a study by the marketing agency “Automarketer” submitted to socialbites.ca.
In terms of revenue, Chery occupied 12.6% of the Russian market. In second place is AvtoVAZ, which received 231.7 billion rubles for automobiles in the same period and has a market share of 10.6%. In third place is China Geely, with revenues of 281.6 billion and 10% market share, followed by Haval and Exeed, which received 200.9 and 142.7 billion rubles, respectively, in January-October 2023.
The volume of Russia’s new passenger car market is estimated to be 2.2 trillion rubles in monetary terms, according to the results of the 10 months of 2023. Chinese brands account for 55.6% of revenues, European brands account for 14.2%, and Russian brands account for 12.5%.
Previously “Moskvich” named Your most popular and unpopular model.