After 2008, when the car sales volume peaked in Russia at roughly 3.2 million sold vehicles, a significant growth was recorded again in 2012, nearly reaching the 2008 levels. However, over the following years until 2020, the figures dropped. In 2022, over 808.6 thousand new motor vehicle sales or registrations were reported nationwide, marking a significant decrease by over 933 thousand compared to the previous year.
Russian automotive market overview
In 2014, the Russian economy entered a downturn as a result of political woes related to Moscow's Crimea annexation, which left its trace on the Russian automotive industry as well. Since 2017, however, the market has started to recover gradually, with production and sales developing at positive growth rates. The national manufacturer Lada remained the major player, accounting for a 21 percent market share in 2019.
Popular cars in Russia
Sport utility vehicles (SUV) generated the largest share of sales revenue in the Russian market in the first half of 2021 and thus were the most desired type of passenger cars in the country. The most sold brand in this category was Korean Hyundai, whose sales volume exceeded 6.1 thousand in January 2021.
Annual vehicle sales volume in Russia from 2005 to 2022
(in 1,000s)
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OICA (Organisation Internationale des Constructeurs d'Automobiles). (July 5, 2023). Annual vehicle sales volume in Russia from 2005 to 2022 (in 1,000s) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/265960/vehicle-sales-in-russia/
OICA (Organisation Internationale des Constructeurs d'Automobiles). "Annual vehicle sales volume in Russia from 2005 to 2022 (in 1,000s)." Chart. July 5, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/265960/vehicle-sales-in-russia/
OICA (Organisation Internationale des Constructeurs d'Automobiles). (2023). Annual vehicle sales volume in Russia from 2005 to 2022 (in 1,000s). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/265960/vehicle-sales-in-russia/
OICA (Organisation Internationale des Constructeurs d'Automobiles). "Annual Vehicle Sales Volume in Russia from 2005 to 2022 (in 1,000s)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/265960/vehicle-sales-in-russia/
OICA (Organisation Internationale des Constructeurs d'Automobiles), Annual vehicle sales volume in Russia from 2005 to 2022 (in 1,000s) Statista, https://www.statista.com/statistics/265960/vehicle-sales-in-russia/ (last visited November 21, 2024)
Annual vehicle sales volume in Russia from 2005 to 2022 (in 1,000s) [Graph], OICA (Organisation Internationale des Constructeurs d'Automobiles), July 5, 2023. [Online]. Available: https://www.statista.com/statistics/265960/vehicle-sales-in-russia/