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25/02/2022
LCV sales reduction in money terms
Russian Automotive Market Research
In January-April 2020, the new LCV[1] market revenue was 50 billion rubles, which was a 7.5% decline on January-April 2019.
A 13.2% drop in new LCV sales caused negative dynamics of the market revenue.
GAZ traditionally became the leader by financial results. In January-April 2020, this brand sold new LCV on 19.4 billion rubles. FORD, vehicle sales of which in money terms amounted to 7.1 billion rubles, followed it. TOP-3 also included VOLKSWAGEN with the financial result of 5.7 billion rubles.
The Japanese TOYOTA, MITSUBISHI and ISUZU were the only TOP-15 brands to show increase in market revenue...
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[1] LCV with GVW of up to 6 t, including pickups
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