Jaecoo is now among the 10 best-selling brands in Russia.

127,128 new passenger cars found a buyer in Russia in May, a 76.2% year-on-year increase just as the year-to-date volume improves 86.4% to 594,917. This shows once again that sanctions against Russia are not working anymore. Lada (+81.9%) remains the uncontested leader in the brands ranking and even manages to outpace the market to 31.5% share. The Top 7 brands are unchanged on last month, with Haval (+88.6%) dominating at 11% share above Chery (+74.9%) at 10.2% and Geely (+53.5%) at 8.1%, the latter two however trailing the market growth. Changan (+403.2%) once again drivers the largest year-on-year gain in the Top 10 on a low year-ago basis. Omoda (+86.4%) is also strong at #6. Three newcomers round out the Top 10: Belgee, a joint-venture between the Belarusian government and Geely, climbs to a record #8 follow by Jetour while Jaecoo breaks into the Top 10 for the first time at #10. This means Chery has no less than five brands inside the Russian Top 10 this month: its namesake Chery, Omoda, Exeed, Jetour and Jaecoo.

Over in the models ranking, the Lada Granta (+17.4%) limits its gain but sports a 14.6% market share, above the 13.4% it holds year-to-date. The Lada Vesta (+5553.9%) stays in 2nd place with a surreal year-on-year uptick as production was paused a year ago. The Haval Jolion (+64.4%) is the best-selling foreign model at #3 just as the Chery Tiggo 7 Pro Max (+63.3%) and Chery Tiggo 4 Pro (+122%) both advance two spots on last month to #4 and #5 respectively. In contrast the Lada Niva Travel (+30.9%) and Niva Legend (+37%) both fall two ranks to #6 and #7. The new Belgee X50 makes its entrance inside the Top 10 at #8 as does the Changan CS55 Plus (+701.1%) at #9.

Previous month: Russia April 2024: Lada Vesta gets closer to the Granta

One year ago: Russia May 2023: Market down -65.1% on two years ago

Full May 2024 Top 10 brands and models below.

Russia May 2024 – brands:

PosBrandMay-24%/23Apr2024%/23PosFY231Lada  40,06531.5%+ 81.9%1173,20529.1%+ 56.4%112Haval14,01511.0%+ 88.6%266,24011.1%+ 118.8%233Chery 13,02010.2%+ 74.9%357,7809.7%+ 55.8%424Geely 10,2718.1%+ 53.5%458,0149.8%+ 125.1%345Changan9,9787.8%+ 403.2%538,6316.5%+ 632.9%556Omoda4,7883.8%+ 86.4%620,0303.4%+ 91.7%677Exeed3,8723.0%+ 27.9%719,1373.2%+ 42.0%768Belgee3,5982.8%new910,8631.8%new10n/a9Jetour3,1002.4%new811,3121.9%new9n/a10Jaecoo2,2921.8%newn/a8,4171.4%newn/an/a

Russia May 2024 – models:

PosModel May-24%/23Apr2024%/23PosFY231Lada Granta18,54314.6%+ 17.4%179,97913.4%+ 2.3%112Lada Vesta13,62610.7%+ 5553.9%250,6028.5%+ 2950.2%243Haval Jolion6,3545.0%+ 64.4%328,2364.7%+ 94.0%324Chery Tiggo 7 Pro Max5,0844.0%+ 63.3%621,6593.6%+ 151.3%555Chery Tiggo 4 Pro4,2563.3%+ 122.0%717,1332.9%+ 89.7%896Lada Niva Travel4,2033.3%+ 30.9%421,8533.7%+ 25.3%437Lada Niva Legend3,6762.9%+ 37.0%520,4243.4%+ 61.5%668Belgee X503,5982.8%newn/a10,8631.8%newn/a –9Changan CS55 Plus3,5252.8%+ 701.1%n/a12,1762.0%+ 1779.0%n/an/a10Omoda C53,4872.7%+ 40.8%815,7582.6%+ 52.3%98

Source: PPK JSC