Latest industry data show a strong rebound in new passenger car sales across Russia for February 2024. In year-over-year terms, sales climbed by 85.1 percent, according to Autostat as reported by TASS. A total of 104,000 cars found buyers during the final month of winter. [Source: Autostat via TASS]
The February sales leaderboard was led by the Lada brand, which posted a 33 percent increase to 28,700 units. In second place, Geely delivered 12,300 cars, marking a 3.8x jump from February 2023. Haval followed closely in third with around 12,000 vehicles sold, a rise of about 2.4 times year over year. [Source: Autostat via TASS]
Chery and Changan claimed the fourth and fifth spots in Russia’s February 2024 sales, with 9,900 units and 6,000 units sold, corresponding to gains of 45.4 percent and a dramatic 12.7x increase, respectively. [Source: Autostat via TASS]
Separately, industry observers noted that the average price of spare parts included in the domestic auto insurance basket climbed by 7.2 percent in February 2024 versus January 2024. This trend reflects broader shifts in the automotive aftercare market and insurer pricing strategies. [Source: Autostat via TASS]
Specific components contributed to the price movement. The front wing recorded a steep 62.7 percent rise, moving from 9.7 thousand rubles to 15.7 thousand rubles. Taillights also advanced, up 53 percent from 10.1 thousand rubles to 15.5 thousand rubles. Rim prices rose by 9.5 percent, while the rear left door and airbag costs increased by 14.1 percent and 37.2 percent respectively during February. These shifts illustrate a broader trend of higher replacement part costs amid ongoing supply dynamics. [Source: Autostat via TASS]
In other automotive industry coverage, the program segment known as “Behind the Wheel” highlighted four alternatives to China’s new products priced around 3 million rubles. This discussion adds context to consumer choice amid evolving market conditions. [Source: Autostat via TASS]