Russia April 2024: Lada Vesta gets closer to the Granta
Lada Vesta
The Russian new car market is up 81.2% year-on-year in April to 137,047 units, however it remains down -9.8% on pre-sanctions April 2021. The year-to-date tally is now up 89.4% to 467,739 but down -9.3% on the same period in 2021. Market leader Lada trails the market at +67.2% but holds 30.8% share which is better than its YTD level of 28.5%. Haval (+113.6%) is at 10.6% share while Chery (+38.9%) passes Geely (+61.5%) to #4. Changan (+466.6%) surges ahead and stays #5 ahead of Omoda (+94.9%) overtaking Exeed (+39.2%) to #6. Newcomer Jetour is up two ranks on last month to #8, Belgee, a joint-venture between the Belarusian government and Geely, remains at #9 while Tank (+366%) is back inside the Top 10.
The Lada Granta (+5.9%) records by far the smallest year-on-year gain in the Top 10 and as a result sees its market share freefall from 24.2% in April 2023 to 14.2% this month. In contrast the Lada Vesta (+4967.2%) skyrockets up as its production remained interrupted a year ago. The Vesta also ranks #2 year-to-date. The Haval Jolion (+73.2%) remains the best-selling foreigner in the country and the only one in the Top 5. It is indeed followed by the Lada Niva Travel (+33.5%) and Lada Niva Legend (+60.5%) both advancing slower than the market. The Chery Tiggo 7 Pro Max (+71%) and Tiggo 4 Pro (+24.3%) also lose share year-on-year while Geely Monjaro (+417.6%) is down four spots on March to #9 and newcomer the Haval M6 stays inside the Top 10.
Previous month: Russia March 2024: Chinese push market up, Belgee in Top 10
One year ago: Russia April 2023: Market back up 70.6%, Russian brands up 187.3%, Chinese up 530%
Full April 2024 Top 10 brands and models below.
Russia April 2024 – brands:
PosBrandApr-24%/23Mar2024%/23PosFY231Lada 42,27030.8%+ 67.2%1133,14028.5%+ 50.0%112Haval14,58610.6%+ 113.6%252,22511.2%+ 128.6%233Chery 12,8679.4%+ 38.9%444,7609.6%+ 51.0%424Geely 11,4798.4%+ 61.5%347,74310.2%+ 150.1%345Changan8,4376.2%+ 466.6%528,6536.1%+ 771.4%556Omoda4,8193.5%+ 94.9%715,2423.3%+ 93.5%777Exeed4,4223.2%+ 39.2%615,2653.3%+ 46.1%668Jetour3,1312.3%new108,2121.8%new10n/a9Belgee3,0052.2%new97,2651.6%new11n/a10Tank2,4091.8%+ 366.0%118,7211.9%+ 1264.8%9n/a
Russia April 2024 – models:
PosModel Apr-24%/23Mar2024%/23PosFY231Lada Granta19,42114.2%+ 5.9%161,43613.1%– 1.6%112Lada Vesta13,2769.7%+ 4967.2%236,9767.9%+ 2507.6%243Haval Jolion6,1124.5%+ 73.2%321,8824.7%+ 104.6%324Lada Niva Travel5,0443.7%+ 33.5%417,6503.8%+ 24.1%435Lada Niva Legend4,5013.3%+ 60.5%716,7483.6%+ 68.0%666Chery Tiggo 7 Pro Max4,3793.2%+ 71.0%616,5753.5%+ 201.1%757Chery Tiggo 4 Pro4,2863.1%+ 24.3%1012,8772.8%+ 80.9%898Omoda C53,4992.6%+ 41.8%812,2712.6%+ 55.9%989Geely Monjaro3,3022.4%+ 417.6%516,9563.6%+ 1897.2%51010Haval M63,2352.4%new911,2652.4%new10n/a
Source: Autostat and PPK JSC
