Sales of new cars in Russia 2024 rise by 58% in January - July

The market for new passenger cars in the past 7 months grew by 69% year-on-year and amounted to 848,300 vehicles, the market for light commercial vehicles increased by 41% to 71,900.
Sales of new cars in all segments in Russia in January - July 2024 increased by 58% compared to the same period in 2023 and exceeded 1 mln vehicles, the Russian Ministry of Industry and Trade said.
"In January - July 2024, the market for new vehicles amounted to 1,003,103 vehicles (+58% compared to the same period in 2023 - 636,839 vehicles). At the same time, the market for new cars made in Russia amounted to 442,818 vehicles (+34% compared to the same period in 2023 - 330,780 vehicles)," the report said.
The market for new passenger cars in the past 7 months grew by 69% year-on-year and amounted to 848,300 vehicles, the market for light commercial vehicles increased by 41% to 71,900. Also, in the first seven months of 2024, 70,500 trucks (-5%) and 12,300 buses (+16%) were sold in Russia, according to the report.


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