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Sales of new passenger cars in Russia hit 3.5-year high in October – statistics – Business & Economy
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Sales of new passenger cars in Russia hit 3.5-year high in October – statistics – Business & Economy

MOSCOW, November 6. /TASS/. Sales of new passenger cars in Russia amounted to 171,200 units in October 2024, reaching the highest level in the past 3.5 years, the Autostat analysis agency reported.

“In October 2024, 171,200 new cars were sold in Russia. <…> The market reached a volume almost equal to the level of April 2021 (171,500 units), which brings it to a maximum level of 3.5 years”, the report states.

Meanwhile, the result in October 2024 was 1.5 times higher than the same period last year.

Five brands account for more than 65% of cars sold in October, including Lada (44,800 units), Haval (23,800 units), Geely (17,200 cars), Chery (15,100 units) and Changan (11,000 cars).

Sales of new passenger cars in Russia are up 60% year-to-date to 1.3 million units.