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AVTOVAZ predicts the fall of the Russian car market by 20-25%

Russia / Engineering

Despite the extremely negative trend due to global pandemic and currency fluctuations in April and may, the automaker fix the beginning of a gradual recovery of demand in the market.

AVTOVAZ predicts the fall of the Russian car market by 20-25%

In AVTOVAZ hope the upward trend of car sales in the second half of 2020, but I think that at the end of the year the decline will be 20-25%. This was stated by Executive Vice-President of AVTOVAZ sales and marketing, Olivier mornas.

"We note the increase in buying activity since the beginning of June, and rising orders for cars from our partners and customers in July and August. Of course, very positive for recovery of the market impact advanced measures of state support, as well as the removal of some epidemiological constraints in the regions. We hope that the market will show an upward trend until the end of 2020, but in annual terms it will still lose 20-25%," said Morne.

From January to June were sold in Russia 140 623 cars and light commercial car LADA (8027 of them SUVs Niva). Sales in June totaled 30 248 cars, which is only slightly below the results 2019.

At the level of 2019 was released in June sales of LADA Granta: our buyers found 11 478 cars.

LADA Vesta continues to be in demand on the Russian market in June sold 8442 car.

Third place was taken by a passenger version of the family Largus with a score of 3376 cars.

Continue to strengthen its position and business model LADA: so, last month, sales of commercial versions Largus increased by 2.3% compared to the same period of 2019. In just the first half were sold 4469 commercial vehicles.

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