In January-September 2016 the Russian new LCV market decreased by 6.25% and amounted to 68.9 thousand units. Demand fell within 7 of 9 reporting months.
The market of new trucks fell by 40.76% in 2015 in relation to the level of 2014. Taking into account the situation in 2014 – the first half of 2016 and forecasts on macroeconomic, legal and market factors, the forecast till 2021 was formed.
For nine months of 2016 the Russian new truck market increased by 2.54% and amounted to 34.9 thousand trucks. After a short decline in the beginning of the year the further period from March to September was characterized by positive dynamics.
Russian Automotive Market Research reports that in October 2016 prices for new cars of Japanese brands were on average 10.6% up on October 2015.
Russian Automotive Market Research reports that new truck prices for European brands - DAF, IVECO, MAN, MERCEDES-BENZ, RENAULT, SCANIA, VOLVO – in September 2016 grew 27.4% on September 2015.