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Sales of new Chinese cars grew by 62% in July

Aug 17, 2020

In July of 2020, almost 5.3 thousand new cars of Chinese brands were sold in Russia.

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As experts of the analytical agency "AUTOSTAT" noted with the reference to the data of the AEB, this is higher by 61.8% than in the same period of the previous year. Note that all five leaders of the Chinese segment are showing the growth, which is expressed by some in double-digit, and in others by three-digit numbers.

Thus, the leader of this segment in the Russian market - Haval - sold 1.8 thousand vehicles in July, by exceeding the result of a year ago by 55%. Geely is the second one - 1.3 thousand Russians bought new cars of this brand per a month, which is higher by 69% than in July of 2019. The sales of Chery, which ranks the third in terms of sales, doubled (+ 100%); the brand recorded 864 units. The top-five of leaders also included Changan and FAW with the results of 653 and 386 cars, respectively. At the same time, Changan's sales grew by almost 4 times, while FAW's sales grew 3.5 times. Lifan also managed to cross the threshold of 100 cars (it is the sixth one in this rating with a score of 104 cars), but it shows negative dynamics (-68%).

The results of the rest Chinese brands look rather modest against the background of the top-5. Experts of the analytical agency "AUTOSTAT" also noted that by the results of 7 months of this year, sales of new cars of Chinese brands are showing the growth. So, in January-July, their sales grew by 22.4% to 23.6 thousand units.

Source: https://eng.autostat.ru/news/18872/

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