According to Russian Automotive Market Research, in January-November 2017 the most significant growth in the new truck market was shown by a segment of vehicles with GVW of 16-24 tons – 83%. Sales of trucks with GVW exceeding 32 tons and 24-32 tons sharply increased as well – by 64% and 47%, respectively.
Bus sales and production fell in November 2017
The new bus market does not show high growth typical for markets of other vehicle types this year. According to Russian Automotive Market Research, in June and July 2017 new bus sales decreased by 33% and 30%, respectively, on the previous year. In November 2017 the market fell again ...
New bus sales are expected to go 5.3% up on 2016 totalling 11.3 thousand vehicles by the end of 2017. In 2017 the share of medium class buses is expected to decrease considerably: according to the baseline scenario of the forecast, it will go down from 31.6% to 26.4%. Moreover, it will continue to decline in the mid-term
According to the baseline scenario, new car sales in 2017 are expected to grow 12.9% on 2016 to 1.4 thousand vehicles.
New vehicle markets in Russia keep growing. In January-November 2017 new car sales increased by 16% to 1276.9 thousand vehicles. The growth rate in the LCV market was nearly the same: the market went up by 16.7% to 103.4 thousand vehicles ...
The TOP-5 models in the new car market in January-November 2017 were Kia Rio, Lada Granta, Hyundai Solaris, Lada Vesta and Hyundai Creta. The average prices in November 2017 grew on November 2016 at a different pace.
Kia Rio showed the largest growth in price among the TOP-5 models – by 10.6% which is 80 thousand rubles.
In 2017 growth in new truck sales will be caused by:
increase in the production of industries-consumers of trucks, stabilization of world oil prices and slight strengthening of the ruble ...