MOSCOW, December 6. /TASS/. Sales of new cars and light commercial vehicles (LCVs) in Russia fell by 61.6% in November 2022 year-on-year to 46,403 units, the Association of European Businesses (AEB) said in a statement on Tuesday.
"In November 2022, sales of new cars and light commercial vehicles in Russia decreased by 61.6% compared to November 2021 or by 74,563 sold units and amounted to 46,403 cars," the statement said.
Sales in January-November totaled 548,877 new cars, which is 60.9% lower than in the same period last year.
Avtovaz remained the leading brand in terms of sales in November, according to the AEB. Its sales lost 18% last month year-on-year to 21,727 units, and 49% in the January-November period to 164,636 units.
Second was China’s auto manufacturer Haval, which sold 4,552 cars in Russia in November (down by 7%), and 29,023 units from January-November (down by 17%).
GAZ Group was the third most-popular car brand in Russia in the reporting period, with sales totaling 4,224 units in November (down by 22%), and 33,500 cars in the first eleven months of this year (down by 33%).
Geely and UAZ were also among the top five best-selling brands in Russia.
According to the AEB, only Chinese brands boosted sales, for example, Geely’s sales rose by 24.1% in November to 3,500 units, while sales of FAW increased by 22.8% to 200 units. Sales of foreign companies that have left the Russian market, plunged by 80-90%.