The share of new Chinese cars in the Russian market exceeded 24%

Passenger cars of Chinese brands in July accounted for 24.3% of the total number of new cars sold in the Russian Federation. Such data is provided by the analytical agency "Autostat".

"In July 2022, Russians bought 8,642 new passenger cars of Chinese brands, which is 24.3% of the total market volume," the agency said, adding that statistics were prepared on the basis of data from Electronic Passport JSC.

Autostat noted that the cars of Chinese manufacturers were ahead of Korean cars in sales for the first time. The share of Korean brands in total sales in July was 21.2%, and domestic manufacturers remained the leaders with a share of 30.9%.

Sales of Chinese car models on the market have started to grow rapidly in recent months. Thus, the share of Chinese manufacturers increased from 9.5% in March to 12.6% in April, and reached 16.9% in May. In June, the indicator rose to 21% of the market.

"Over 90% of all the "Chinese" that Russians purchased in July accounted for four brands — Chery (2,577 pcs.), Geely (2,323 pcs.), Haval (2,155 pcs.), EXEED (1,12 pcs.)," the agency reports.

The most popular among Chinese car models were Geely Coolray (1,219 units), Haval Jolion (1,162 units), Chery Tiggo 7 PRO (1,134 units).