Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Russia’s car sales for May were reported at 147,378 units, up by 133.8pc from the prior year, according to AEB Automobile Manufacturers Committee (AEB AMC). May sales have slipped by a marginal 3pc from April levels.


The associated had expected May 2021 sales to substantially rise in comparison with May last year, especially for the higher market share carmakers. May 2020 was a weak month owing to the pandemic. When compared to May 2019, sales in May 2020 is up by 10,000 cars which is 6.7pc higher. From January to May 2021, car sales have increased 38.7pc to 666,312 units compared to the year prior. AEB AMC says that a fairer comparison over the prior year months will be evident starting July.


The auto association highlighted a shortage of supply, mainly for semiconductors which might affect production and lower vehicles sales. Demand in Russia continues to be high, according to AEB AMC. They hope that the year ends on a positive note for the auto sector despite the current hindrances. The association will renew its forecast in a press release.


Top-selling manufacturers in May were Lada, which sold 38,284 units, 146pc higher than the previous year, followed by Kia, 18,818 units sold, up by 135pc in May from 2020. Hyundai and Renault sold 16,261 and 12,482 units, up by 151pc and 121pc, respectively. While Skoda reported sales of 9,561 units, up by 230pc from May 2020. 

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