Thursday, June 21, 2018

Automotive growth in the Urals lags

According to Autostat, an analytical agency, automotive growth in the Urals region has slowed, with an increase of 22.1 percent in January after last year's rates of increase ranged from 40 to 50 percent.

The collapse of the Russian car brand Lada is one of the reasons for the slowdown. Experts say that that short-term sales growth last year affected stocks and that the market situation can only be truly assessed in the spring and summer, Kommersant-Ural reports.

Autostat reported that the Urals region exceeded the nationwide average of sales growth with a 22.1 percent increase of 15,200 cars sold versus 12,400 cars sold versus January of last year. The Sverdlovsk region took first place regionally in the Urals with 4,800 car sales versus 4,200 in 2011. Second went to the Chelyabinsk region with 3,900 cars sold compared with 3,300 cars sold last year. Third place was a tie between KhMAO, Tyumen, Barrow and Yamal.

Lada traditionally was the market leader in the Urals, except for Yamal, where the best-selling brand was Nissan. The failure of the brand led to major decreases throughout the Urals. Dealers in the area said that the fall of domestic brand will only be temporary.

"Sales will recover soon," Alexander Chuganov, the director of Dealer Atlantic, said, according to Kommersant-Ural. "And, first of all, this will contribute to new product AvtoVAZ - Lada Granta. We have already painted the machine until the summer."