Press-releases

Price growth for genuine spare parts Russian Automotive Market Research analyzed the change in prices for genuine spare parts in the insurance basket for Russian and foreign cars for the first two weeks of March 2022. Prices for genuine spare parts from automakers for foreign SUVs of the mass price segment grew by 87.5% on average in two weeks of March. The rear bumper appreciated the most (+96.4%). Price dynamics for genuine spare parts in the insurance basket from automakers...

Essential questions affect all car market participants:  how will new car market size look like, which car brands will still be present on the Russian market, how will the prices change, how will the customers behave? In 2021, there were 1 511 thousand new cars sold (except LCV), 114 of them (7,5%) are Chinese brands. Increase of Chinese vehicles sales showed record-breaking 104% in 2021, as well all global car market grew only by 4%. The majority of Chinese cars sold in Russia belong to...