15.12.2020 / Financial results of truck sales exceeded 760 billion rubles

.

In January-October 2020, new truck sales decreased by 7.5% year-on-year, while their weighted average prices increased by 3.9%.

In this regard, the new truck market revenue fell by 4.0% and amounted to 372 billion rubles.

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

Source: Russian Automotive Market Research

Over the first ten months of 2020, used truck sales decreased by 6.6% year-on-year, while their weighted average prices increased by 0.1%. In this regard, the used truck market revenue fell by 6.5% and amounted to 392 billion rubles.

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

Source: Russian Automotive Market Research

New truck market

The leader in financial results among regional markets was the Moscow region. Following results of ten months of 2020, new trucks on 32.1 billion rubles were sold in the region. The market revenue of Moscow and Tatarstan Republic, which also entered the top three, amounted to 29.7 billion rubles and 29.5 billion rubles, respectively.

Four TOP-10 regions showed positive dynamics of the market revenue due to increase in new truck weighted average prices and sales (except the Krasnodar region).

New truck weighted average prices and market revenue,
TOP-10 regions, January-October 2020

Source: Russian Automotive Market Research

For the reporting period, the best financial result belonged to KAMAZ. Sales of new KAMAZ trucks in money terms amounted to 123.6 billion rubles. It was followed by SCANIA, truck sales of which in money terms amounted to 41.8 billion rubles. TOP-3 also included VOLVO with financial result of 39.5 billion rubles.

Two TOP-10 brands – KAMAZ and URAL - kept positive dynamics of the market revenue not only due to the growth of weighted average prices, but also increased sales.

New truck weighted average prices and market revenue,
TOP-10 brands, January-October 2020

Source: Russian Automotive Market Research

Used truck market

The Moscow region became the leader by the used truck market revenue among Russian regions. In January-October 2020, used trucks on 28.5 billion rubles were sold in the region. TOP-3 also included Moscow and the Krasnodar region, in which 20.8 billion rubles and 18.2 billion rubles were spent on used trucks, respectively.

Two TOP-10 regions kept positive dynamics of the market revenue due to increase in used truck weighted average prices and sales.

Used truck weighted average prices and market revenue,
TOP-10 regions, January-October 2020

Source: Russian Automotive Market Research

In January-October 2020, KAMAZ became the leader by financial results. For the reporting period, 107.4 billion rubles were spent on used trucks of this brand. MAN (38.2 billion rubles) and SCANIA (37.9 billion rubles) are also among top three in terms of the market revenue

MAN, DAF and ISUZU showed positive financial results due to sales growth. VOLVO increased its financial results due to increased sales and weighted average prices, while GAZ increased its price.

Used truck weighted average prices and market revenue,
TOP-10 brands, January-October 2020

Source: Russian Automotive Market Research