27.04.2020 / Financial results of 3 months of 2020. Trucks

In the first quarter of 2020, the market capacity of new trucks was 109 billion rubles (+7.2%).

Weighted average price for new trucks increased by 9.0% and amounted to 6 328 296 rubles.

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

Source: Russian Automotive Market Research

In the first quarter of 2020, used trucks on 129 billion rubles were sold in the Russian market – by 5.5% more than in the first quarter of 2019.

Weighted average price for used trucks increased by 1.3% on the same period of the last year to 2 017 247 rubles.

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

Source: Russian Automotive Market Research

New truck market

For the reporting period, the best financial result belonged to KAMAZ. Sales of new KAMAZ trucks in money terms amounted to 31.4 billion rubles. VOLVO, vehicle sales of which in money terms amounted to 14.5 billion rubles, followed it. TOP-3 also included MAN with a financial result of 10.4 billion rubles.

Four TOP-10 brands showed negative dynamics of market revenue – KAMAZ, SCANIA, GAZ and MAZ. Sales of new KAMAZ trucks for the reporting period decreased by 14.1%, SCANIA – by 25.4%, GAZ and MAZ - by 10.4% and 12.0%, respectively.

New truck weighted average prices and market revenue,
ТОР-10 brands, January-March 2020

Source: Russian Automotive Market Research

The Moscow region became the leader by financial results among regional markets. Following results of the first quarter of 2020, new trucks on 9.6 billion rubles were sold in the region. Capacity of markets of Moscow and Khanty-Mansi AR, which were also included in TOP-3, amounted to 8.0 billion rubles and 7.7 billion rubles, respectively.

New truck weighted average prices and market revenue,
ТОР-10 regions, January-March 2020

Source: Russian Automotive Market Research

Used truck market

In January-March 2020, KAMAZ became the leader by financial results. For the reporting period, 38.2 billion rubles were spent on used trucks of this brand – by 4.3% more than in the previous year. SCANIA (11.5 billion rubles) and VOLVO (10.6 billion rubles) also entered TOP-3 top by market revenue.

MAZ was the only brand in TOP-10 to show reduction in the market revenue. A 13.1% drop in sales of used MAZ trucks caused negative dynamics.

Used truck weighted average prices and market revenue,
ТОР-10 brands, January-March 2020

Source: Russian Automotive Market Research

The Moscow region became the leader by the used truck market capacity among Russian regions. In January-March 2020, used trucks on 9.4 billion rubles were sold in the region. TOP-3 also included the Krasnodar region and Moscow, where 5.8 billion rubles each were spent on used trucks.

Used truck weighted average prices and market revenue,
ТОР-10 regions, January-March 2020

Source: Russian Automotive Market Research