Russian Auto Sales up 17% in October keeping the renovated momentum started in March, with year to date figures up 10%. Private demand sustained by a recovery in the economic activity. Kia Rio is market leader ahead of Lada Granta and Vesta.
Russian Vehicles Sales 2016 dropped down again in double-digit at the lowest level since the '90s, almost the half of the 2012 level and falling as World's 12th market. Lada lost the model's leadership.
Russia Vehicles Sales in First Half 2016 fell 14% while data on the Russian economy are improving and the GDP decrease is lower than expected projecting a second half in recovery. Lada stable over 18% of share.
Russia Vehicles Market in April 2016 lessens the decline with 8.4%. Kia defeats the rival Hyundai advancing in second place, while Autovaz posted the best market share in over three years, back over 20%..
Russia Vehicles Sales in March 2016 dropped down 10%. On top of the list, Autovaz and Hyundai reported still high lost while Kia kept growing. The new Autovaz Vesta advanced in fourth place, not far from the podium.
Russian auto sector plunged 36 percent in the first half 2015 with June again collapsing. The EU decision to extend sanctions until early 2016 is pushing the market down at 1.5 million units this year and ever down in the next.