22.05.2018 / Foreign brands are expanding into the Russian bus market

In Jan-Apr 2018 new bus sales amounted to 4,2 thousand vehicles. Thus the market grew by 16.7% on the same period of 2017. In April 2018 new bus sales showed a 30% YoY growth and amounted to 1.3 thousand buses.

PAZ accounted for 50% of the market: PAZ sold 2.09 thousand buses which was a 1% rise on 2017.

LiAZ and NEFAZ came second and third with a 41.8% and a 47.1% growth in sales correspondingly.

Foreign brands are successfully expanding into the Russian bus market: Sales of Russian brands went 12.7% up whereas sales of foreign brands increased by 91.5%. The market share of foreign brands grew form 9% to 15% in the period under consideration

New bus sales, Jan-Apr, 2017-2018, thousand units

Source: Russian Automotive Market Research

New bus sales, TOP-10 brands, Jan-Apr, 2017-2018, thousand units

Source: Russian Automotive Market Research

New bus sales by brand origin, Jan-Apr, 2017-2018, thousand units

Source: Russian Automotive Market Research