Sales of new passenger cars and light commercial vehicles in Russia increased by 57.8% in 2023. In this respect reported According to the statement of the Committee of Automobile Manufacturers of the Association of European Businesses (AEB) in the Russian Federation, based on data from PPK JSC.
“In December 2023, sales reached 128.9 thousand cars, an increase of 84.6%, or 59 thousand units, compared to December 2022. The report states that the market grew by 57.8 percent during the year and reached 1.1 million units.
Before that, the Ministry of Industry and Trade announced that the Russian automobile market would begin to recover and the sales level could reach 1.3 million units in 2024. The department stated that the sales volume in 2026 will correspond to the average annual sales volume in 2015-2021. The market will gradually grow by 1% per year from 2027. Thus, by 2030 the Russian automobile market will reach the level of 1.8 million cars per year, and by 2035 the sales volume will reach 1.9 million cars per year.
Additionally, China will become the world’s largest for the first time in 2023. exporter Automobiles due to increased supply to the Russian and Mexican markets. China supplied 730 thousand vehicles to Russia in the first 11 months of 2023. This is seven times more than in the same period in 2022.
Previously reportedHe said that Lada prices will not increase in the near future.