OREANDA-NEWS   Sales of cars and light commercial vehicles in Russia grew by 14.7% to 124,990 vehicles. According to the results of five months of 2017, the Russian car market grew by 5.1% to 577,449 cars, according to the data of the Association of European Businesses.

As noted in the AEB, in compare with the previous year, the Russian automobile market in May for the third time in a row demonstrated solid growth, expressed by a double-digit figure for the first time in many years. It is worth noting that positive dynamics are observed for the majority of players in the market. According to the association, this is an important factor for the process of market recovery to be further developed and, most importantly, turned into a long-term trend. Recall, according to the forecast of the AEB, in 2017, the Russian car market could grow by 4% to 1.48 million cars, thus interrupting the 4-year period of the fall.

Leadership in the Russian car market is held by AVTOVAZ, which sold 25,051 cars in the last month, which is more by 22% than a year ago. The second place in terms of sales was taken by KIA - the sale of 15,121 cars (+ 26%) provided the Korean brand with leadership in the foreign car market. Hyundai keeps the third place with the index of 11955 sold cars, which is 13% more than in the previous year. Further Renault follows - cars of this brand were chosen by 10917 buyers (+ 22%). This time the top-five of leaders is closed by Toyota, whose sales were 7898 cars (+ 15%). The TOP-10 of the best-selling brands includes Volkswagen (7118 units, + 28%), Nissan (5766 units, + 7%), Skoda (4,985 units, + 6%), GAZ (4370 units. , + 10%) and Ford (3921 units, + 12%).