The Russian market (PC + LUV) fell by 9.2% in 2020
- The Russian market for light vehicles (passenger cars - PCs and light utility vehicles - LUVs) fell 9.2% in 2020, to 1,598,825 units, due to the coronavirus crisis, which is an honourable result as the world market fell by almost 14%.
- The revamp of the Russian automobile market was therefore very short, since it started to increase in 2017 but was interrupted in 2019. The Covid-19 crisis, however, had less impact than in most other countries in 2020.
- The final result for 2020 comes closer to the forecast of the Russian Dealers Association (RAD), which expected a drop of 8%. As a result, the Russian automotive market is the fourth largest on the European continent by volume, behind Germany, France and Great Britain, but ahead of Italy.
- The Renault-Nissan group remains largely the leader of the Russian market in 2020 (35.8% of market share), mainly thanks to the Lada brand (21.5% of market share) which remains the leading brand in this market. Next come the Hyundai-Kia (22.9%), Volkswagen (13.8%), Toyota (7%), BMW (2.8%) and Daimler (2.5%) groups. The other carmakers have very modest market shares. Chinese carmakers represent 3.5% of the Russian market and didn’t succeed yeet to grow in this market, contrary to their objectives. The departure of the American groups GM and Ford will end with the Chevrolet Niva, which will be stopped. For 2021, the Russian Dealers Association (RAD) forecasts a modest recovery of the Russian market, of around 2.1%, which would a volume of 1.632 million units.
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