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Home»Investment»Russian car market fell into the seven of the best 2011.

Russian car market fell into the seven of the best 2011.

February 13, 2019

Russian car market fell into the seven of the best 2011

According to the Avtostat agency, Russia, having more or less recovering from the crisis of 2009 and 2010, in 2011 managed to get on her feet again and take seventh place in terms of the number of cars sold in terms of the results of the year. This is an excellent indicator, especially if we take into account that our country managed to get ahead of much more economically developed rivals: the UK, France and Italy. However, in these countries the recession of the automobile market began two years ago, continues this year and, most likely, will continue in the next one and a half to two years.

The total number of registered new cars in 2011 amounted to almost three million, of which 2.5 million – cars. The number of new commercial vehicles sold is the best – a little more than 330 thousand cars, but this is a much better indicator than in 2010 (270 thousand) and 2009 (220 thousand) years. Total sales in the Russian market amounted to 3.6 % of the global.

The indisputable leader in the number of cars sold is China. Almost a quarter of new cars around the world was produced in the Middle Kingdom in 2011. The growth of the Chinese market, however, began to slow down: in 2011 it amounted to only 2.5 %, while in the middle of the “zero” was at a mark of 30-40 % per year. The USA, which occupy the second place, can state the output of its automobile market from a crisis state. In 2011, Americans purchased 13 million cars, or 11 percent more than in 2010.

A little more than 4 million new cars were sold in Japan, which holds the third position. Recent natural disasters were very negative in the country’s automobile market, which is clearly visible when compared to 2010, when 15 % of new cars were sold in the country.

Brazil, Germany and India are also in front of Russia, in which 3.6, 3.5 and 3.3 million new cars were sold, respectively. Authorities of all three countries show not the largest, but stable growth – 3 % in Brazil, 10 % in Germany and 9 % in India. The most intense growth has demonstrated the automobile market of Russia – almost 40 %. If oil prices remain at an acceptable level, and the government will find a way to pacify inflation, we can expect further active growth in the Russian market.

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