The share of Chinese carmakers in Russia reached 61% in 2024, compared to 51% in 2023.
- Following the withdrawal of European, Japanese and Korean carmakers after the outbreak of the conflict between Russia and Ukraine, the share of Chinese carmakers on the Russian market increased significantly between 2022 (18%) and 2023 (51%), even exceeding one in two passenger car sales. This share of Chinese carmakers continued to grow in 2024, to 61% of the Russian market. The volume of sales of Chinese vehicles (passenger cars and light utility vehicles) in Russia thus increased from 536,768 units in 2023 to 943,577 units in 2024 (+76% increase), in a market that increased from 1,049,917 units in 2023 to 1,550,249 units in 2024 (+48% increase).
- The Russian market is gradually returning to normal after nearly three years of war with Ukraine, returning to its annual levels from 2015 to 2021. But we are still a long way from the figures recorded during Russia's years of economic prosperity (2011-2014) when the market largely exceeded two million vehicles per year.
- Russian national carmaker Avtovaz, controlled by Renault until the conflict between Russia and Ukraine, and now a state-owned company, saw its sales increase from 326,757 units in 2023 to 439,035 units in 2024 (+34% increase), its market share falling from 31% to 28%. Avtovaz is losing market share year after year, probably because Chinese brands offer more for a competitive price.
- While European, Japanese, and Korean carmakers have completely disappeared from the Russian market by 2024, Chinese carmakers are consolidating their presence there, with Great Wall as the undisputed leader (192,000 sales), followed by Chery (158,000 sales), Geely (152,000 sales), Changan (103,000 sales), Omoda (50,000 sales), and Exeed (41,000 sales). These six brands account for three-quarters of Chinese sales.