New car sales collapse in Russia

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New car sales collapse in Russia

Sales of new cars in Russia fell in April by 64% year on year. On May 11, the Avtostat analytical agency reported this.

According to experts, in April of this year, 54.5 thousand new cars were sold in Russia. In the same month of 2019, sales amounted to 152.2 thousand. The leaders in sales of new cars in April were LADA (12.8 thousand), KIA (6.7 thousand), and Hyundai (5.3 thousand).

The drop in sales is due to the consequences of an outbreak of coronavirus infection. In April, dealers were forced to close car dealerships, so almost all sales were transferred online.

In total, in the first four months of 2020, 430.1 thousand new cars were sold, which is 9.5% less than in the same period of the previous year.

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