Sales of used cars in Russia exceed 5 million in the first three quarters of 2023
Source：Vedomosti
From：Taiwan Trade Center, Moscow
Update Time：2023/12/27
The experts of Otkritie Avto (auto business unit in Otkritie Bank, part of VTB Group) and the agency Avtomarketolog analyzed the sales results of September 2023 in the used passenger car market. The record of August, when market sales amounted to 647 thousand cars, could not be repeated. During the first month of autumn, 598.6 thousand transactions were closed on the market, 7.5% less than in August 2023, but 17% more than the results of last September. The volumes of those foreign brands that traditionally have quite high prices — Honda, Lexus and Toyota - fell the most, while the popularity of AvtoVAZ, Daewoo and Chevrolet cars has practically not changed. Anyway, September cannot be called a failure for business. For three quarters of 2023, it became the second largest number of cars sold with mileage for a month. And in total, the total sales of used passenger cars this year has already exceeded five million units. — 1.1 million or a quarter (+27%) more cars than a year ago.
After the August record sales caused by panic expectations of price increases due to the sharp weakening of the ruble and new bans in terms of sanctions, the market volume in September decreased by 7.5% compared to the last month of summer and amounted to 598.6 thousand cars. In the top 20 brands, there was not a single one for which the number of re-registrations would not have decreased in one way or another. Nevertheless, an important feature of the period was that the volumes of those foreign brands that traditionally have fairly high average prices fell the most. These are the "Japanese" — Honda (17,955 a/m; -15.5%), Lexus (6,157 a/s; -15.8%) and Toyota (62,672 a/m; -14.8%).
The top 5 popular popular brands among used cars have not changed compared to August, small permutations were observed only in the second five. The most popular brands were LADA, Toyota, Kia, Nissan and Hyundai. At the same time, if Toyota, even despite the drop in sales, retained the title of the best—selling foreign brand of the secondary market, then Honda almost lost its place in the top ten — moved from seventh to tenth position in a month, and Ford - from eighth to ninth. Volkswagen held the sixth place, and Chevrolet and Renault took the seventh and eighth places.
At the same time, AVTOVAZ cars (144.4 thousand), as well as Daewoo (11.4 thousand) and Chevrolet (19.8 thousand) practically did not decrease their popularity. The equipment of these brands has traditionally been widely represented in the democratic range from 500 thousand to one million rubles.
Top 20 popular brands among vehicles with mileage according to the results of sales in September 2023
- LADA
- Kia
- Nissan
- Hyundai
- Volkswagen
- Chevrolet
- Renault
- Ford
- Honda
- BMW
- Mercedes-Benz
- Mitsubishi
- Škoda
- 13910
- Mazda
- Opel
- Daewoo
- Audi
- Lexus
- Subaru
In general, the composition of the first "twenty" leading brands has not changed again. As the shares of stamps by country of origin have hardly changed. Russian (27.3%) and Japanese (26.9%) cars continue to occupy most of the "run" retail of our country. The equipment from Germany accounts for 13.9%, and the "Koreans" have 12.8%. Cars from more than ten countries share the remaining 19%, among which the "Chinese" account for a modest 2.3%.
There was not a single Chinese car among the popular cars in the model rating of brands. Among the passenger cars, the top three were Lada cars — the classic VAZ-2107 (12.7 thousand "pieces"), the Granta VAZ-2190 sedan (12.6 thousand) and the Samaga VAZ-2114 hatchback (12.1 thousand). At the same time, the "seven" turned out to be almost the only model whose sales relative to August at least slightly increased (by 85 cars).
In turn, in the segment of foreign crossovers, there was not a single car in the top ten that would have increased sales in September. The leader — Toyota RAV4 — recorded 4.5 thousand transactions in the asset (-17%). The volume of business for the Land Cruiser 200 (4.2 thousand vehicles) shrank by 18%, for Kia Sportage (4.1 thousand) — by 16%. Two Nissan — Qashqai and X-Trail, Volkswagen Tiguan, Mitsubishi Outlander, Renault Duster, BMW X5 and Kia Sorento also found a place in the top ten all-terrain vehicles.
Top 10 popular foreign SUVs according to the results of sales in September 2023
- Toyota RAV4
- Toyota LС200
- Kia Sportage
- Nissan Qashqai
- Nissan X-Trail
- VW Tiguan
- Mitsubishi Outlander
- Renault Duster
- BMW X5
- Kia Sorento
"In October, roads often become slippery in a number of eastern and northern regions of our country, frosts cannot be avoided in the central part of Russia. This traditionally leads to a growing demand for SUVs. The current pre-winter is hardly an exception. In this regard, in the second month of autumn, we should expect a small, within a few percent, increase in sales relative to September in the segment of cars with all-wheel drive. One way or another, the market will be close to the mark of 600 thousand transactions and will be able to seriously exceed it again only in December. So far, in general, for three quarters, the total market volume amounted to 5,005,200 "pieces", which is 1.1 million or a quarter (+27%) more than in 2022. By the end of this year, the size of the retail in the segment of passenger cars with mileage will approach seven million units.
Source: https://www.vedomosti.ru/press_releases/2023/10/17/otkritie-avto-po-itogam-treh-kvartalov-rinok-avtomobilei-s-probegom-previsil-obem-v-pyat-millionov?utm_campaign=newspaper_18_10_2023&utm_medium=email&utm_source=vedomosti