Russian, Chinese car sales nearly equal in Russia
Sales of Chinese and Russian new passenger cars in Russia nearly equalized in the first seven months of the year, with Russian brands growing 35% and Chinese brands declining 17%. LADA remained the top-selling Russian brand, while Haval led among Chinese brands.
Consensus
- Sales of new passenger cars in Russia from January to July reached 730,700 units.
- Sales of Chinese car brands declined by 17% compared to the same period last year.
- Sales of Russian car brands increased by 35% compared to the same period last year.
- Chinese and Russian car brands each held approximately 40% of the market share.
- LADA was the top-selling Russian car brand with 182,400 units sold.
- Haval was the top-selling Chinese car brand with 99,700 units sold.
- The market share of Chinese brands was 40.9% and Russian brands 40.6%.
Points of divergence
- Russian banks began reducing auto loan issuance for new cars. — fontanka
- Sales of Chinese brands were approximately 300,000 units, and sales of Russian brands were approximately the same, without specifying exact figures. — tg_rian_ru
- Tenet was the second-best-selling Russian brand with 76,500 units sold. — fontanka
- LADA sold slightly more than 180,000 units. — tg_rian_ru
Coverage (2 sources)
- Russian and Chinese brands almost tied in new car sales — Фонтанка
- Sales of Chinese and domestic cars equaled in Russia. — РИА Новости (Telegram)