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Automotive flea market: what is happening to the Russian new car market

  • November 11, 2022
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As expected, October has given few people optimism – the auto market has both fallen and continued to fall steadily. Which of the manufacturers in any case maintains

Automotive flea market: what is happening to the Russian new car market
As expected, October has given few people optimism – the auto market has both fallen and continued to fall steadily. Which of the manufacturers in any case maintains the appearance that cars are bought and sold in Russia, the AvtoVzglyad portal discovered.

To be honest, calling the market our automotive party in its current state doesn’t turn a blind eye. In fact, it mostly resembles a flea market, with a hastily built modular store in the center selling mostly imported Chinese goods.

This equation also works when we commit to determining the value of industry to the country’s economy. Russia needs existing factories that produce real goods in impressive volumes and create entire production clusters around them. Meanwhile, we see only a few thin streams from China flowing into the dried-up lake of the domestic car market, as well as a weak swarm in a few places on the cracked bottom, signaling the continuation of car industrial production in one country.

The question is, what’s the point of keeping track of how sales of the same Mercedes-Benz have fallen once the brand has announced its withdrawal from Russia and the sale of its factory? To find out how extensive his warehouses and strategic stocks of machines and parts were? Well, suppose, according to JSC “PPK” on new car registrations, in September 370 “Mercedes” were bought across the country, and in October – 342. The decrease from the previous year was 88.4% in both cases. What is the conclusion? Is stability a sign of mastery?

Or, say, Mitsubishi, which is stubbornly silent on its plans, despite the fact that the other members of the alliance, including the company, have done a pen and have already dumped other Japanese brands out of harm’s way. The Kaluga plant is at a standstill and sales of 779 cars in October, with a 73% drop comparable to open refugees, are a topic of conversation.

Roughly in the same position are Kia and Hyundai, who until recently were justifiably proud of their success in Russia. They seem to want to resume production, as the United States with its sanctions has scattered gold bars over the territory of our country and the Koreans only have to bend down to pick them up. But no, it’s scary to disrupt hegemony. So the result is a decrease of 80.7% for the former and 78.3% for the latter.

Okay, we’re looking for explosive growth in sales of Chinese technology, which has paved the way to our market in such a way that even a year ago it was impossible to think about it. We search, but we don’t find. The hero of capitalist labor Haval, before everything and everyone, pulled himself up and showed in October … a modest increase of 8.4% compared to the same month last year. And of course it involved 4316 cars that found their owner.

Chery, who took 3rd place, also failed to impress with the desire to accelerate – 3,838 cars, down 16%. More or less eye-watering growth rates were shown by Exeed – 472.9% and 1163 cars purchased, JAC – 92.3% and 275 cars, as well as Changan and Great Wall – up 20.2% and 19.1% respectively at another more miserable indicators in pieces of vehicles bought by the population. Something is not pulling it to the Chinese breakthrough.

Actually that’s all. Unless for the sake of order it is worth mentioning the market leader – AVTOVAZ. In October of this year, our compatriots bought and registered 17,490 cars with the LADA logo on the radiator. That is 9.8% more than a year earlier. In addition, Granta ranks first among all cars in the inter-model competition by a huge margin. What can you say? Beautiful. The only shame is that it’s not XRAY or, at worst, not Vesta. After all, in fact, “flea market discovered” again.

Photo: AvtoVzglyad
Photo: AvtoVzglyad

To be honest, calling the market our automotive party in its current state doesn’t turn a blind eye. In fact, it mostly resembles a flea market, with a hastily built modular store in the center selling mostly imported Chinese goods.

This equation also works when we commit to determining the value of industry to the country’s economy. Russia needs existing factories that produce real goods in impressive volumes and create entire production clusters around them. Meanwhile, we see only a few thin streams from China flowing into the dried-up lake of the domestic car market, as well as a weak swarm in a few places on the cracked bottom, signaling the continuation of car industrial production in one country.

The question is, what’s the point of keeping track of how sales of the same Mercedes-Benz have fallen once the brand has announced its withdrawal from Russia and the sale of its factory? To find out how extensive his warehouses and strategic stocks of machines and parts were? Well, suppose, according to JSC “PPK” on new car registrations in September, 370 “Mercedes” were bought across the country, and in October – 342. The decrease from the previous year was 88.4% in both cases. What is the conclusion? Is stability a sign of mastery?

Or, say, Mitsubishi, which stubbornly remains silent about its plans, despite the fact that the other members of the alliance, including the company, have done a pen and other Japanese brands have already been dumped out of harm’s way. The Kaluga plant is at a standstill and sales of 779 cars in October, with a 73% drop comparable to open refugees, are a topic of conversation.

Roughly in the same position are Kia and Hyundai, who until recently were justifiably proud of their success in Russia. They seem to want to resume production, as the United States with its sanctions has scattered gold bars over the territory of our country and the Koreans only have to bend down to pick them up. But no, it’s scary to disrupt hegemony. So the result is a decrease of 80.7% for the former and 78.3% for the latter.

Okay, we are looking for explosive growth in sales of Chinese technology, which paved the way to our market so much that even a year ago it was impossible to think about it. We search, but we don’t find. The hero of capitalist labor Haval, before everything and everyone, pulled himself up and showed in October … a modest increase of 8.4% compared to the same month last year. And of course it involved 4316 cars that found their owner.

Chery, who took 3rd place, also failed to impress with the desire to accelerate – 3,838 cars, down 16%. More or less eye-watering growth rates were shown by Exeed – 472.9% and 1163 cars purchased, JAC – 92.3% and 275 cars, as well as Changan and Great Wall – up 20.2% and 19.1% respectively at another more miserable indicators in pieces of vehicles bought by the population. Something is not pulling it to the Chinese breakthrough.

Actually that’s all. Unless for the sake of order it is worth mentioning the market leader – AVTOVAZ. In October of this year, our compatriots bought and registered 17,490 cars with the LADA logo on the radiator. That is 9.8% more than a year earlier. In addition, Granta ranks first among all cars in the inter-model competition by a huge margin. What can you say? Beautiful. The only shame is that it’s not XRAY or, at worst, not Vesta. After all, in fact, “flea market discovered” again.

Source: Avto Vzglyad

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