Monday, July 16, 2018

Yekaterinburg car market grows by 60 percent

The Yekaterinburg car market experienced a 60 percent increase in 2011, rising to Russia's fifth largest automobile market, though Lada's brand share of the market in the city dropped to 17 percent.

There were 85,080 passenger cars sold in total in Yekaterinburg last year. The only cities with larger automobile markets in Russia were Moscow, Saint Petersburg, Samara and Kazan, UralBusinessConsulting reports.

Of all the brands on the local market, Lada is still the best-selling car brand in Yekaterinburg. The Russian brand's share of the market dropped from 21 percent in 2010 to 17 percent in 2011. The company's sales dropped two percent in December.

Of the foreign cars in the market, Chevrolet was the top-selling make, repeating its spot in first place from 2010. The top five foreign brands sold in the city remained the same as in 2010. The highest movers and shakers on the top 10 list were Volkswagen, with an increase from 3.4 percent to 5.4 percent market share, KIA, with a rise of market share from 3.1 percent to 4.9 percent, and Nissan, with an increase of 3.64 percent to 4.94 percent of the market share, according to UralBusinessConsulting.