According to the marketing agency NAPI, in 2023, 316.4 thousand cars, light commercial vehicles, trucks, and buses were sold in Russia in January-April 2024. The whole automotive market decreased by 13.3% on the last year.
The market composition also changed significantly because the most automotive brands left the market. On the one hand, the share of Russian vehicles increased from 28.4% to 41.5%. On the other hand, the share of Chinese brands has grown even more impressively – from 8.9% to 38.5%. The growth of sales "in quantitative terms" looks even more impressive: Chinese brands increased their sales by 89.4 thousand units in the fallen market.
If we analyze the situation in each segment, Chinese manufacturers have achieved even greater success in a number of them.
The market composition also changed significantly because the most automotive brands left the market. On the one hand, the share of Russian vehicles increased from 28.4% to 41.5%. On the other hand, the share of Chinese brands has grown even more impressively – from 8.9% to 38.5%. The growth of sales "in quantitative terms" looks even more impressive: Chinese brands increased their sales by 89.4 thousand units in the fallen market.
If we analyze the situation in each segment, Chinese manufacturers have achieved even greater success in a number of them.