Sales of passenger cars and light commercial vehicles in Russia fell 34% year on year to 165,862 units in January–February, according to the Association of European Businesses. February sales dropped 32% to 91,922.
Martin Jahn, deputy chairman of the AEB’s automobile manufacturers committee, said the association hoped the government’s scrappage programme, launched on Monday, will revive sales.
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AvtoVAZ, Russia’s largest carmaker, sold 37,455 Ladas in January and February, down 36% year on year, while sales by GAZ decreased 7% to 6,417 units.
Of the foreign makers only Kia rose, up 27% to 10,580 units. Parent Hyundai’s volume fell 22% to 11,821 units over the two months, Chevrolet was off 47% to 11,169.
Renault decreased 2% to 8,505 units, Ford was down 60% to 7,376 units and Toyota fell 47% to 7,365 units.
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