November sales: Russia falls for 9th consecutive month image

According to a statement issued today by the Moscow-based Association of European Businesses, Russian car sales fell for a ninth straight month in November, down 4 percent to 231,982.

Sales of new cars in Russia have fallen in 2013 as consumers refrain from big-ticket purchases as the country’s economy remains weak. In October, sales in the market fell 8%.

“No question, the total industry is still declining, albeit at a slower pace,” said Joerg Schreiber, chairman of the AEB, in the statement. Schreiber said a long-awaited flattening of year-on-year sales numbers had yet to happen. “We hope December will show progress in this direction, and deliver a decent close to an otherwise difficult year,” he added.

Lada remained the best-selling brand in the market last month, but sales fell 19 % to 36,509 as foreign carmakers made inroads into a market that analysts predict will soon overtake Germany to become the biggest in Europe.

Renault, which along with alliance partner Nissan is seeking to take control of Lada’s parent company AvtoVAZ, continued to increase sales in the market. Renault is the best-selling foreign brand in Russia and the No. 2 brand after Lada, with sales of 17,721 last month, a rise of 3 %. Deliveries of the automaker’s Duster compact SUV grew 12 % last month, making the Duster the No. 3 best-selling model in the market in November.

Kia and Hyundai were the third and fourth best-selling marques last month. Kia sales rose 16 % to 17,399, while Hyundai deliveries jumped 6 % to 15,539.

General Motors Chevrolet brand remained the No. 5 seller in Russia last month, but sales slid 18 % to 13,576. Deliveries at sibling brand Opel rose 1 % to 5,968. Last week, GM said it planned to drop the Chevrolet brand in Europe by the end of 2015, as the automaker attempts to turn around its European operations and to focus its resources on reviving Opel in the region. GM said Chevrolet sales would continue in Russia.

Via Automotive News Europe