The share of Chinese cars in the Russian market was below 50% for the first time since 2023

In October of this year, the share of new Chinese-made passenger cars sold in Russia amounted to 49.6% of the total market (82.2 thousand units). The last time it was below the 50% mark was more than two years ago, the analytical agency Autostat reported on November 19.

In July 2023, the share exceeded this threshold for the first time, reaching 51.8%. In the following months, it grew and in September 2024 reached a peak in the history of observations of 61.9%. Analysts note that the share of Chinese-made cars in sales has been steadily declining over the past four months (from 55.3% in July to 51.3% in September and beyond).

Experts explained that the decline in the share of Chinese brands is partly due to their "replacement" by cars of local brands. For example, in Belarus, Geely cars are produced under the Tenet brand, and in Russia, Chery is hidden under the Tenet and Xcite brands, said Sergey Tselikov, director of the agency.

It is noteworthy that in October, only two Chinese car brands entered the top 5 of the Russian market - Haval (second place in the rating) and Geely (third). Lada became the first, and Belgee and Tenet joined the top five (although Chery and Changan were in these positions instead in July).

Backed down: Chinese automakers are losing the Russian market

Chinese cars are being replaced by domestic models

Earlier in the day, it was reported that in December of this year, approximately 50% of Chinese passenger cars sold in Russia may be Russian-built. Experts believe that more and more cars in Russia will be sold not under their own original brands, but under brands created specifically for the Russian market.

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