In September, spending on cars exceeded 475 billion rubles

As the agency points out, despite the significant increase in sales, this figure did not reach a record for the year. The maximum was recorded in March, when 496 billion rubles were spent on the purchase of cars.

Sales of new cars in September increased by 36.7% year-on-year and 1.7% compared to August, reaching 150.88 thousand units, the highest figure in the last 3.5 years. According to the agency’s analysts, the change in the sales structure towards mass brands is explained by a decrease in the share of the premium segment in the market. If in March it was 12.9%, in September it decreased to 9.3%.

As Sergei Udalov from Avtostat explains, this is due to the tightening of the rules for importing cars to Russia and changes in tax conditions. In the summer, premium cars sold worse, but at the end of the year demand stabilized, partly thanks to the increase in the recycling rate from October 1.

This week Autostat also reported that electric vehicle sales in Russia fell by 30% over the year, with 1.27 thousand cars sold in September. Experts, speaking to Kommersant, linked this to stricter import requirements, high prices and insufficiently developed infrastructure.