The Russian car market grows six months in a row. Official results of September

Sales new automobile and easy commercial cars (LCV) to Russian Federation for January — September, 2023 grew by 26,1%. Thus according to alternative data from JOINT-STOCK COMPANY "PPK", considering, including, parallel import, growth in three quarters made 42,8%, and in September — 120,5% at 116 324 sold cars. "In 9 months of the current year we observe a steady tendency of growth of the market of sales new cars that points to its high potential and gradual restoration despite a rise in prices and serious volatility of a ruble exchange rate" — the chairman of Committee of car makers AEB commented...