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Post: In Russia, the share of sales of new Chinese cars is expected to double

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The car is at Chery’s official dealership. archive photo

PATH: It is estimated that the sales share of new Chinese cars in Russia will almost double

MOSCOW, March 31 – RIA Novosti. In the ROAD profile association to RIA Novosti, auto dealers predict an almost double increase in the share of sales of new passenger cars of Chinese brands in Russia in 2023 – up to 32%, or up to 250 thousand units in absolute terms. .

“In our estimation, the share of new passenger car sales of Chinese brands this year will be about 32% (250,000 units), Russia – 55% (440,000 units), the remaining 13% (100,000 units) – imported foreign cars. Through parallel imports.”

At the same time, according to ROAD, 18% of the sales of Chinese automobile brands were sold in 2022, or 124,6 thousand new cars. Thus, their share is expected to nearly double this year.

As Deputy Prime Minister Denis Manturov, head of the Ministry of Industry and Trade, has already noted, an increase in sales of new cars is expected in the Russian automobile market in 2023. It is also expected to rise slightly by 7%, according to analysts of “TeDo” (formerly PwC).

Denis Manturov - RIA Novosti, 1920, 23.03.2023

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Source: Ria

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