Used passenger car sales in Russia increase 20% over 11 months, 5.6 times higher than new car sales - Autostat

MOSCOW. Dec 18 (Interfax) - Used passenger car sales in Russia increased 19.9% from January through November 2023 to 5.273 million units, analytical agency Autostat said.

The market for new passenger cars, as the agency previously reported, totaled 939,254 units over 11 months. Therefore sales of used cars since the beginning of the year are 5.6 times higher than sales of new ones.

In November, the secondary car market continued its monthly decline for the fourth month in a row. Over the past month, 458,100 used cars were sold, which is 6.3% less than the October figure and 0.5% less than in November 2022. New car sales last month were reported at 109,706 units. (2.3% lower than in October 2023 and 2.1 times more than in November 2022).

As for brands selling on the secondary market, Lada retains its leading position. In the last autumn month, 111,100 used Ladas were purchased. Second place was again taken by Japanese brand Toyota, with 50,400 units. Next are Korean brands Kia and Hyundai (24,700 and 24,200 units, respectively), and Japanese Nissan closes out the top five (22,700 units).

As Autostat notes, all ten of the most popular brands have negative dynamics compared to the previous month, in the 2% to 10% range. Compared to November last year, only Lada (+5.6%) and Chevrolet (+1.7%) have shown growth. At the same time, Renault (-5.7%) sank the most over the year, and Kia (-0.7%) the least.

Top Ten brands sold on the used passenger car market in November (units)

No. Brand Nov 2023 Nov 2022 +/- 11M 2023 11M 2022 +/- 1 Lada 111 148 105 234 +5,6% 1 156 445 1 063 663 +8,7% 2 Toyota 50 416 53 290 -5,4% 623 833 487 809 +27,9% 3 Kia 24 698 24 863 -0,7% 296 477 233 984 +26,7% 4 Hyundai 24 247 25 581 -5,2% 292 535 242 654 +20,6% 5 Nissan 22 732 23 730 -4,2% 276 601 227 234 +21,7% 6 Volkswagen 19 603 20 501 -4,4% 231 127 186 044 +24,2% 7 Chevrolet 17 979 17 687 +1,7% 197 536 172 460 +14,5% 8 Renault 16 007 16 977 -5,7% 182 737 165 226 +10,6% 9 Ford 15 901 16 361 -2,8% 185 206 151 708 +22,1% 10 Honda 14 281 14 524 -1,7% 181 941 132 518 +37,3%

The most popular model among used passenger cars was again the Lada 2114 Samara-2 hatchback, with a November sales volume of 10,300 units. In second place, also again, was the Ford Focus (9,600 units), followed by the Kia Rio and the Lada 2107 sedan (8,900 units each). Hyundai Solaris also entered the top five sellers in the secondary market for November, with 8,600 units sold.

Compared to October, only one model of those presented showed an increase, the Lada 2110 (+0.3%). The rest are dropping, the Toyota Corolla declining fastest (-10.1%). In an annual comparison, six models show negative dynamics, while four are positive. The Hyundai Solaris (-10.6%) is in the worst shape here, while the Lada 4x4 SUV (+8.3%) is performing better than the others.

Top 10 models sold on the used passenger car market in November (units)

No Brand/Model Nov 2023 Nov 2022 +/- 11M 2023 11M 2022 +/- 1 Lada 2114 10 254 9 849 +4,1% 1 156 445 1 063 663 +8,7% 2 Ford Focus 9 597 10 048 -4,5% 623 833 487 809 +27,9% 3 Kia Rio 8 935 9 393 -4,9% 296 477 233 984 +26,7% 4 Lada 2107 8 902 8 356 +6,5% 292 535 242 654 +20,6% 5 Hyundai Solaris 8 594 9 613 -10,6% 276 601 227 234 +21,7% 6 Lada 4X4 8 486 7 836 +8,3% 231 127 186 044 +24,2% 7 Lada 2170 8 424 8 518 -1,1% 197 536 172 460 +14,5% 8 Toyota Corolla 8 003 8 397 -4,7% 182 737 165 226 +10,6% 9 Toyota Camry 6 850 7 615 -10,0% 185 206 151 708 +22,1% 10 Lada 2110 6 567 6 338 +3,6% 181 941 132 518 +37,3%