Russian residents have bought new cars worth 963 billion rubles year to date

UFA, 5 July 2019. /Bashinform News Agency, Rozaliya Valeeva/ translated by Tatiana Aksyutina/.

In the first five months of 2019, Russians spent 963 billion rubles on buying new passenger cars. This is by 8% more than in the same period last year, according to the Avtostat analytical agency.

According to agency experts, the growth of the market capacity in monetary terms is associated with an increase in the weighted average price, which went up by 10%. At the same time, sales of new cars during this time decreased by 2%.

One-tenth of the entire market capacity was accounted for cars of domestic brands - 96 billion rubles. Of these, 90 billion rubles were spent on new LADA cars and another 6 billion rubles on UAZ passenger cars. The purchased foreign cars amounted to 867 billion rubles or 90% of the total market capacity. The most amount of funds all Russians spent on the purchase of KIA (122 billion rubles), Toyota (98 billion), Hyundai (87 billion) and Mercedes-Benz (71 billion) cars.