AID Newsletter banner July 2014 the publication for automotive industry executives
Subscribe  |  FREE SAMPLE   Front Page Editions  |  Current Issue page 1  |  BACK COPIES  |  Info  |  REPORTS  |  CONSULTANCY SERVICES  |   CONTACT  |  MEMBERS 
BRIC  |  CHINA  |  DIESELS  |  EDITORIALS  |  ELECTRIC  |  NEW PRODUCT  |  PREMIUM BRANDS  |  STOCK MARKET VIEW  |  TRUCKS  |  USA  |  WESTERN EUROPE

RUSSIA   
Lada now outsold at home by trendbucking Hyundai-Kia

Published: Thu, 09 July 2015 18:05:08 GMT

Hyundai Lada Russia car sales June 2015

The day that both Russia’s political thinkers and Lada’s French masters have now been dreading for years has arrived: Formerly state-controlled Lada, that traditionally generated the bulk of its revenues and profits in its domestic Russian market, is now being outsold by a foreign western carmaker.

That’s the first time that Lada, the country’s number one carmaker, has fallen to second place in Russia’s formerly fast-expanding car market, which, when judged on pre-crisis form, was widely expected to overtake Germany as Europe’s biggest car market.

Particularly galling, despite coping better than most with this year’s chill ill wind of change on the notably leaner domestic car sales front, Lada is still suffering the humiliation of seeing its domestic car sales outstripped by a harder trying importer. 

Despite a marginal rise in domestic market share, in both May and during the five months to date Lada has slipped into the runner-up slot
...more

MORE LIKE THIS:

> Russia’s new car sales falling like a stone   07 Jul 2015


> Nissan/Datsun - Cannibalisation could be a worry   07 Apr 2015


> Brazil’s move from fast Samba to sobering austerity blues   16 Mar 2015


 

 

 

To continue reading this article, please register for a free sample without obligation...

Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter.