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How many new cars will actually be sold in Russia in 2023

  • March 15, 2023
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During the MK online conference and AvtoVzglyad portal, Alexei Podshchekoldin, Chairman of the Board of Directors of the BN-Motors group of companies and Vice President of the Russian

How many new cars will actually be sold in Russia in 2023

During the MK online conference and AvtoVzglyad portal, Alexei Podshchekoldin, Chairman of the Board of Directors of the BN-Motors group of companies and Vice President of the Russian Automobile Dealers Association, outlined his view on the rate of recovery of car sales in Russia.

— In the spring of this year, AVTOVAZ will restore the production of LADA Vesta. According to my estimates, Chinese brands should double passenger car sales in Russia. In total, the volume of the domestic car market in 2023 can be expected at the level of 750,000 cars sold,” said Alexey Podshchekoldin.

Recall that AVTOVAZ plans to produce 440,000 units of various LADA models this year. The share of Chinese brands accounted for about 125,000 cars sold last year. Doubling this figure gives about 250,000 units. According to our expert, this is exactly how many new “Chinese” are expected to be sold in Russia. As for cars imported into our country under parallel import schemes, Mr. Podshchekoldin expects them to bring about the same result as in 2022 – about 70,000 by the end of 2023.

It should be noted that the domestic car market experienced a rapid decline after last year’s results. According to average data from various sources, it collapsed by almost 60% – up to 650,000 cars and light commercial vehicles sold.

— In the spring of this year, AVTOVAZ will restore the production of LADA Vesta. According to my estimates, Chinese brands should double passenger car sales in Russia. In total, the volume of the domestic car market in 2023 can be expected at the level of 750,000 cars sold,” said Alexey Podshchekoldin.

Recall that AVTOVAZ plans to produce 440,000 units of various LADA models this year. The share of Chinese brands accounted for about 125,000 cars sold last year. Doubling this figure gives about 250,000 units. According to our expert, this is exactly how many new “Chinese” are expected to be sold in Russia. As for cars imported into our country under parallel import schemes, Mr. Podshchekoldin expects them to bring about the same result as in 2022 – about 70,000 by the end of 2023.

It should be noted that the domestic car market experienced a rapid decline after last year’s results. According to average data from various sources, it collapsed by almost 60% – up to 650,000 cars and light commercial vehicles sold.

Source: Avto Vzglyad

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