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Auto sales in April fell for the first time by 70% in Russia
The crisis in car sales was recorded in April in Russia. Sales of cars and light trucks decreased by 72,4% - a little more than 100 thousand units were sold. Car dealers talk about "black April."
According to Kommersant With reference to the Association of European Businesses, from January to April, sales decreased by almost 20%, to 415 thousand cars.
According to the head of the Association’s Automobile Manufacturers Committee, Thomas Stärzel, in March, car sales increased by 4% amid a depreciation of the ruble and expectations for higher prices for the automotive industry. According to the results of April, many dealerships stop or limit their work.
Of the popular brands among Russians, Ford and Chevrolet showed the worst dynamics - there were practically no sales, at Nissan sales fell “only” by 60%. AvtoVAZ sales dipped by 70%.
According to experts, a significant increase in sales in May will not happen, despite the mitigation of restrictive measures for coronavirus.
In late April, it was reported that amid the crisis, sales of cars in Russia could shrink by a third. This year, according to experts, companies will be able to sell a little more than a million cars.