Russia sales of new cars and light commercial vehicles decreased by 51.8% compared to May, 2019 or by 67,813 sold units and amounted to 63,033 cars, according to the AEB Automobile Manufacturers Committee (AEB AMC).
“Again this month we see a strong decrease in new vehicle sales by 51.8% versus May, 2019, which is not a surprise because showrooms of Moscow, St Petersburg and most of the regional dealers continued to be closed the entire month,” said AEB AMC chairman, Thomas Staertzel.
“Workshops could re-start their operations and consequently customer traffic gained some momentum. We hope with the recent release of the restrictions in most of the country, June will show slight improvement of the situation and contribute to the sustainability of the dealer network.
“The implementation of first governmental support measures should contribute to a slow market recovery in the second half of the year.”
May’s drop of 52% follows a fall of 72% in April.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData