Categories: Europe

Russia’s Could gross sales leap 134%, however chip scarcity may stifle rebound

New-car gross sales in Russia rose 134 % final month in an indication that development is slowly returning to the market following the coronavirus pandemic.

A complete of 147,378 automobiles had been offered in Could, the Affiliation of European Companies (AEB) stated in a statement. Regardless of the rise, the AEB remained cautious due to the potential unfavorable results the worldwide semiconductor scarcity may have on gross sales within the subsequent few months.

“Throughout the summer time months, we may also see the impact of restricted provide pushed by the worldwide scarcity of digital parts. Due to this fact, we anticipate decrease new-vehicle gross sales of many of the manufacturers in comparison with the at present excessive buyer demand,” Thomas Staertzel, chairman of the AEB Vehicle Producers Committee, stated within the assertion.

Staertzel added that he anticipated excessive development in June in contrast with the pandemic-impacted outcomes of June 2020 and he expects extra “real looking” year-on-year month-to-month comparability beginning in July.

Russia’s top-selling manufacturers all reported sturdy outcomes final month, with gross sales at market chief Lada rising 146 % and No. 2 Kia up 135 %. Third-place Hyundai and Renault at No. 4 noticed their volumes leap 151 % and 121 %, respectively.

  • Click on here for Russia gross sales in Could & 5 months

Fifth-ranked Skoda jumped 230 %, whereas sibling VW model rose 152 %.

Within the first 5 months, gross sales in Russia rose 39 % to 663,312.

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