Russian LV Sales Free-Fall Checked in November
“Retail demand has been extraordinary in recent weeks, helped by government subsidies and consumers rushing to get ahead of widely anticipated new-year price increases,” industry spokesman Joerg Schreiber says.
Russian deliveries of new cars and light-commercial vehicles eased 1.1% to 229,439 units in a November result that surprised the industry.
“Under unusual circumstances, unusual things are happening,” Association of European Businesses Automobile Manufacturers Committee Chairman Joerg Schreiber says.
The November result exceeded the prior month and total sales almost were at the same level as last year, he says in a statement.
“Retail demand has been extraordinary in recent weeks, helped by government subsidies and consumers rushing to get ahead of widely anticipated new-year price increases,” Schreiber says.
“The outlook on December sales is rather promising as well, raising the prospect of a decent closing of a difficult year for the Russian car market.”
Last month’s sales left the 11-month total down 11.6% from a year ago at 2,220,751 units.
Lada was the November market leader, down 17% to 30,402 units, while Kia closed the gap, rising 19% to 20,768. Renault followed, up 8% to 19,170 units.
Year-to-date Lada was down 16% to 351,992 units, ahead of Kia, slipping 4% to 175,491. Renault was a close third after falling 8% to 175,268 units.
Chevrolet ranked No.8 in November sales with deliveries declining 22% to 10,545 units for an 11-month total 30% behind like-2013 at 109,687.
Ford was in 12th place as its sales slumped 26% to 6,581 units in November for a year-to-date total off 40% to 56,807.
The big AvtoVAZ-Renault-Nissan grouping continued to dominate the market with a November result up 0.7% year-on-year to 69,971 units.
Deliveries of AvtoVAZ’s Lada brand dropped 16.7%, but the group inched into positive territory thanks to Renault (up 8.2% to 19,170 units), Nissan (up 6.7% to 15,566) and Infiniti (up 23.4% to 822). Year-to-date, the group was down 8.4% at 682,841 units.
Volkswagen Group fell 10.2% in November to 22,572 units for an 11-month total down 13.3% to 236,363.
The General Motors group fell 15.5% to 16,615 units in November with Opel down 0.1% at 5,962 units and Cadillac sliding 14.3% to 108 units. After 11 months, the group was off 26.5% at 169,005 units.
Kia’s New Rio led the market with deliveries jumping 53.9% to 10,834 units in November, dethroning the Lada Granta as its sales fell 13.7% to 10,520.
The Granta continued to lead the market after 11 months, down 9.5% at 139,406. The Hyundai Solaris followed at 105,142, just 25 units shy of like-2013.
Chevrolet’s Niva ranked ninth, with deliveries rising 9.2% to 4,336 units. Year-to-date, the Niva was in 12th place, tumbling 21.4% to 36,932.
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