The agency Russian Automotive Market Research analyzed the truck leasing market for four months of 2021.
In the first four months of 2021[1], 22.9 thousand new and used trucks were transferred to financial leasing, which was a 80% rise on the similar period of 2020[2]. New trucks accounted for 18.7 thousand units of them, which was a 79% growth on January-April 2020.
The equity participation of various lessees in financial leasing transactions changed. The share of sole proprietors increased by 2% to 8%, while that of individuals grew from 0.2% to 2%. The share of companies with state participation, on the contrary, fell to 2%. At the same time, the joint share of other companies decreased and amounted to 88%
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[1] Hereinafter financial leasing contracts concluded in January-April 2021 effective as of May 1, 2021
[2] Hereinafter financial leasing contracts concluded in January-April 2020 effective as of May 1, 2020
Source: «Truck leasing in January-April 2021» press-pelease by RAMR