/ Industry, News, Sales Reports / Russia could stabilize after flat March sales

Russia could stabilize after flat March sales

Linked In Share
Russia could stabilize after flat March sales

According to the Moscow-based Association of European Businesses (AEB), the Russian new car market in March had sales of 243,335 cars and light commercial vehicles.

The sales are almost flat compared to the same month last year, when the AEB announced 244 225 cars were delivered. In the first quarter, the new car market in Russia slid 2 % to a total of 602 523 units. For last year, sales were down 5.5 %, while in January the decline was of 6% and of 2% in February.

“The pace of decline had been less pronounced in recent months, indicating that consolidation is around the corner,” said AEB Chairman Joerg Schreiber in a statement. “Prevailing thinking among market participants is that the recent spike in market demand was driven by one-time effects which will have a reverse impact on customer activity in the second quarter, but the order banks generated during that spike however should contribute to a further improving (year-on-year) performance of the retail industry in the coming 1-2 months.”

Lada, Russia’s best selling brand saw a sales decline of 8% and the same was accounted by Renault, second placed on the market. Meanwhile, third placed Nissan jumped 20% in March. The Renault-Nissan alliance also brought in Russia the resurrected Japanese brand Datsun as a low cost alternative.

Via Automotive News Europe

by Aurel Niculescu (my Google+) - Wednesday, April 9th, 2014 - filed under Industry, News, Sales Reports. Image credit: .
Linked In Share
Related Articles
flat march russia sales


Discuss: Russia could stabilize after flat March sales

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

[VIDEO] Next-gen Audi A4 spied on the Nurburgring
[VIDEO] Next-gen Audi A4 spied on the NurburgringThe future generation of the Audi A4 has been recently spied while it was being tested out on the famous German track, the ...
Moscow Motor Show: Global Toyota Camry facelift unveiled
Moscow Motor Show: Global Toyota Camry facelift unveiledThe facelifted version of the global Toyota Camry has been officially unveiled during the 2014 Moscow Motor Show, which has ...
Next-gen BMW M5 gets detailed in new report
Next-gen BMW M5 gets detailed in new reportThe future generation of the BMW M5 has been detailed in a new report as the model in question is about to be introduced ...
2015 Volvo XC90 officially unveiled
2015 Volvo XC90 officially unveiledThe new generation of the Volvo XC90 has been officially unveiled as the company has released its full specs, along with a huge ...
Non-working BMW i8 display car is for sale
Non-working BMW i8 display car is for saleA non-working BMW i8 display car is currently looking for a new owner as the model in question is being offered for sale, for a ...
Ford’s new F-150 is not only lightweight, but also aerodynamic
Ford’s new F-150 is not only lightweight, but also aerodynamicThe US automaker has went to great lengths to ensure its brand new 2015 F-150 will retain its usual sales crown, with the company ...
Porsche – VW takeover saga executives to be trialed
Porsche – VW takeover saga executives to be trialedAlthough a lower court decided that a pair of Porsche SE’s former senior executives was not accountable in the company's ...
US: Ford invests in Lincoln MKC production facility
US: Ford invests in Lincoln MKC production facilityThe Louisville Assembly Plant in Kentucky that has been tasked with the production of the all-new, Matthew McConaughey ...
July: Volkswagen AG sales climb 6.7%
July: Volkswagen AG sales climb 6.7%The German automaker said its group deliveries have grown 6.7% last month, buoyed by the positive results in the European core ...
Mattiacci ‘confirms’ 2015 lineup yet again
Mattiacci ‘confirms’ 2015 lineup yet againAug.27 (GMM/Inautonews.com) Marco Mattiacci has repeated his claim that Ferrari is keeping its driver lineup for 2015. At Spa, ...
Now Frijns set to depart ‘new’ Caterham
Now Frijns set to depart ‘new’ CaterhamAug.27 (GMM/Inautonews.com) Robin Frijns looks set to return to GP2. The talented Dutchman was signed up as a reserve driver by ...
Verstappen tipped for Friday debut at Suzuka
Verstappen tipped for Friday debut at SuzukaAug.27 (GMM/Inautonews.com) Max Verstappen made his debut in a formula one car on Tuesday. The well-connected Dutch newspaper ...
Vettel made ‘many mistakes’ in 2014 – Webber
Vettel made ‘many mistakes’ in 2014 – WebberAug.27 (GMM/Inautonews.com) Mark Webber's honest clarity has been missed from the formula one paddock in 2014. Amid the typical ...
Silver duo still warring long after Spa crash
Silver duo still warring long after Spa crashAug.27 (GMM/Inautonews.com) Days after their carbon-fibre crunching at Spa, Nico Rosberg and Lewis Hamilton are still exchanging ...
Honda wants Vettel, Newey for McLaren project – Minardi
Honda wants Vettel, Newey for McLaren project – MinardiAug.27 (GMM/Inautonews.com) Gian Carlo Minardi, a former F1 team owner and boss, thinks Sebastian Vettel and Adrian Newey might ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2015 toyota camry global 1
2015 volvo xc90 1
bmw i8 display car 1
2015 skoda fabia interior
volkswagen xl2 1
Ferrari 575M Superamerica crash china 1
Original Toyota Land Cruiser 70 1
Spy-Shots of Cars
Spy-Shots of Cars
jaguar f-type arden tuning 1
Spy-Shots of Cars
Spy-Shots of Cars

More automotive from inautonews
The future generation of the Audi A4 has been recently spied while it was being tested out on the famous German track, the Nurburgring. In case you were wondering what is happening to the Audi A4, after the new BMW 3-Series and the Mercedes-Benz C-Class generations being unveiled, don’t worry, ...
read more
Inautonews Editors Section
Test drive: Ford Ranger XLT 2.2 TDCi 150 HP
Test drive: Ford Ranger XLT 2.2 TDCi 150 HPFord is well known around the world for its F-150 pickup truck that actually doesn’t have a global presence. A paradox, yes? Well, actually no. ...
Top 10 Ferrari F1 drivers No.4 Niki Lauda
Top 10 Ferrari F1 drivers No.4 Niki LaudaThe man that saved Ferrari…These are the first words that came in mind when you heard about Niki Lauda, “The computer”. He was fast, tough in ...
Top 10 Ferrari F1 drivers No.5 Fernando Alonso
Top 10 Ferrari F1 drivers No.5 Fernando AlonsoA relentless fighter with a stupendous stamina and a will to never give-up in the Nuvolari mood. Arguably the most accomplished driver of his era, he ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety US: Boston drivers rule the risky-prone rankingsAccording to Allstate Corp., the bottom of the annual ranking of the nation’s 200 biggest urban ... Volvo heralds the possibility of “deathless” carsThe Volvo Car Group says it’s now one “step closer” to its safety ideal – no one killed or ...
Safety Section