26.03.2020 / BIG-7 vehicles account for half of the new truck market capacity

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In January-February 2020 new truck sales in money terms amounted to 74.5 billion rubles (+20.8% year-on-year).

The weighted average price for new trucks grew by 11.2% on the same period of 2019 to 6 326 233 rubles.

New truck weighted average prices and market revenue,
January-February 2020/2019

Source: Russian Automotive Market Research

Over the first two months of 2020 trucks on 84.3 billion rubles were sold in the used vehicle market (+13.3% year-on-year).

The weighted average price for used trucks grew by 2.4% to 324 2 037 rubles.

Used truck weighted average prices and market revenue,
January-February 2020/2019

Source: Russian Automotive Market Research

New truck market

BIG-7 trucks¹ accounted for almost half of the total market capacity in January-February 2020 – 36.2 billion rubles. 28.0 billion rubles were spent on the purchase of Russian trucks, which was 38% of the total market capacity.

New truck sales and market revenue,
by country of brand origin, January-February 2020

Source: Russian Automotive Market Research

New truck sales and market revenue,
by country of brand origin, %

Source: Russian Automotive Market Research

The leader by financial results among regional markets became the Moscow region. Over the first two months of 2020 new trucks on 7.0 billion rubles were sold in the region. Capacity of the markets of Khanty-Mansi AR and Moscow, which are also included in TOP-3 by this indicator, amounted to 6.0 billion rubles and 5.1 billion rubles, respectively.

New truck sales and market revenue,
TOP-10 regions, January-February 2020

Source: Russian Automotive Market Research

Used truck market

33.1 and 33.3 billion rubles were spent on the purchase of used trucks of Russian and BIG-7 brands, which was 39% of the used truck market capacity.

TOP-3 by market revenue also included Japanese brands, vehicles of which cost customers 6.6 billion rubles.

Used truck sales and market revenue,
by country of brand origin, January-February 2020

Source: Russian Automotive Market Research

Used truck sales and market revenue,
by country of brand origin, %

Source: Russian Automotive Market Research

The Moscow region became the leader by used truck market capacity among Russian regions. Over the first two months of 2020 used trucks on 6.4 billion rubles were sold in the region. The leading three also included Moscow and Krasnodar region, in which 4.5 billion rubles and 3.8 billion rubles were spent on the purchase of used trucks, respectively.

Used truck sales and market revenue,
TOP-10 regions, January-February 2020

Source: Russian Automotive Market Research