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January 14, 2022updated 21 Jan 2022 2:17pm

Russia car/LCV sales rise 4.3% in 2021

From January—December 1,666,780 cars were sold, although final month sales fell 19.9%.

By Simon Warburton

Russia sales of new cars and light commercial vehicles increased 4.3% in 2021 or by 67,955 units, according to the AEB Automobile Manufacturers Committee (AEB AMC).

From January – December, 1,666,780 cars were sold, although sales in the last month of 2021 fell 19.9%.

“The year 2021 demonstrated 4.3% growth in new passenger and light commercial vehicles, compared to 2020,” said AEB AMC chairman, Thomas Staertzel.

“In total 1,666,780 cars and LCVs were sold. However, the positive figures [in] 2021 result from the growth dynamics of only the second quarter, 2021, versus the same period of 2020 with lockdown effects. The negative trend of the last two quarters ended up in December with a huge decrease of 19.9%.

“In December, 2021, only 133,470 cars were sold. All this is a result of negative market effects of global factors, such as deficit of electronic components, logistics problems, supply chains breaks, increase in costs of materials, et cetera.

“There is no sign of a rapid improvement of the situation. Since 2015, the Russian automotive market is quite stable remaining between 1.4m and 1.8m vehicles. Assuming all the negative factors will not be resolved during the main part of 2022, the Committee believes the car market will not change much and forecasts an increase of 3.3% with the total sale of cars and LCVs of 1,722,000 units.”

Note: Monthly AEB data does not include sales figures from BMW and Mercedes-Benz Rus, following BMW Group and Mercedes-Benz’s decisions to change the frequency of their sales data publication from a monthly to a quarterly basis.

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