In May 2024, prices of the most popular Chinese used car brands on the Russian market fell by 5-9%. In this respect reports According to a study by experts from TASS, Otkritie Bank and Autohub company.
“As of the end of May, dealers started to offer 5 models of Geely, Chery and Haval brands at 5-9 percent cheaper. The biggest decrease, both in percentage and absolute terms, was seen in the Geely Monjaro off-road vehicle. “The abundance of new Chinese cars offered with significant support from importers seems to be starting to affect Chinese car dealers’ appetite for the secondary segment,” he says.
It happened before that knownIt was stated that Chinese Haval maintained its sales leadership among foreign automobile brands in May as well.
14 thousand Haval cars were sold in Russia during the month, and according to the five-month results, sales amounted to 66.2 thousand cars. This is 2.2 times more than in January-May 2023. Haval’s market share in Russia reached 11.1%.
The most popular among Russians in May was the Haval Jolion crossover, which sold 6.4 thousand cars. In second place is Haval M6 (2.7 thousand cars sold per month). Demand for the mid-size Haval Dargo crossover in May increased by 2.1 times compared to the same month last year – about 2 thousand cars of this model were sold in Russia in May 2024.
Previously reportedThat AvtoVAZ has prepared special modifications of Lada Niva and Vesta for tourists.
What are you thinking?
Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.