With first half sales results now in, Russia has emerged as the largest auto market in Europe. Russia’s new car market ballooned 41 percent to 1.65 million units, pushing it past Germany as the continent’s largest market.
Moreover, profits also shot up 64 percent, totaling $33.8 billion during the first six months of 2008.
General Motors and Hyundai took top honors in the Russian market, displacing last year’s top two automakers, Ford and Toyota, to third and fourth place, respectively. Chevrolet was the most popular marque, selling 103,735 units.
The sharp increase in new car sales is attributed to the rise of the middle-class in Russia. According to Edmunds, the upward trend is expected to continue, with Russia accounting for 20 percent of global growth in car sales for the next seven years.
07/14, 7:34 PM
posted by:
MugenSentraKen
=======>>Its going 2B either China or India next! i would hate to crash into an 18wheeler or ANY truck in India at that there would be dead chicken&dogs+BBQ sauce EVERYWHERE!!
07/14, 8:04 PM
posted by:
Impulsive
How old are you? The arrows, short-form lingo and subpar quality of posts all lead me to the conclusion that you belong in a playground dealing drugs to the neighbourhood ghetto kids.
Honestly, you look pathetic. Go put a Mugen fart can on your Sentra and keep busy elsewhere.
07/14, 8:09 PM
posted by:
olds307
hyundayski
07/14, 8:10 PM
posted by:
iglesias294
хорошо! MugenSentraKenб, ты дурак.
07/14, 8:12 PM
posted by:
corvette
in mother russia.
07/14, 8:21 PM
posted by:
Bimmer
294, ты прав.
That’s because it’s Korean Chevrolets (read Daewoos) and many are assembled in Russia, Uzbekistan and Ukraine. So are Hyundais are assembled in Russia that makes ‘em lot cheaper then anything else.
BTW, Russia gets latest generation of Ford Focus with all body styles (unlike North America).
07/14, 8:29 PM
posted by:
MugenSentraKen
===>>whoa brother, there goes impulsive with his pointless childish insults on an automotive site. Impulsive if you weren’t so busy trying to make your childish intellect appear bigger by pointlessly insulting others you would have noticed a Mugen exhaust system goes on a CIVIC and not a SENTRA. Now who’s post consist of subpar quality?
07/14, 9:36 PM
posted by:
DeansterTJ
This isn’t due to the rise in middle class in Russia, this is due to the rise of fast and easy credit. Soon Russian middle-classers will be drowning in debt as well.
07/14, 9:52 PM
posted by:
Madcapp
In Soviet Russia____________You!!!!!
07/14, 9:52 PM
posted by:
johnnycanuck
Deanster: how was the holiday? Did you get any extra virgin oil on your olives?
07/14, 11:00 PM
posted by:
Impulsive
Arrow chimp, I’m not your brother, crack dealer … you’re too stupid to understand that you’re the type to fit that fart can on your entry-level, dope-dealing-storage-facility, pimped-out-with-chrome-dubs, tinted-in-purple **** box.
And to reference me as childish when you look like a short-bus regular who prefaces his nonsense with retarded arrows … it’s quite clear who the subpar chimp is … step back in your ride and get back to the ghetto … Shenanay is calling you to hook her up.
07/14, 11:01 PM
posted by:
Impulsive
… that **** should read S H I A T.
07/15, 4:05 AM
posted by:
peter g
New reality…And, damn, I think DeansterTJ is right…In a few years the russian middleclass will be up to their necks in debt; – just as we are. That’s globalization…
07/15, 9:29 AM
posted by:
xyunya
Russia had large “middle class” even during cold war. The difference was its income was far below of West underprivileged. Now that KGB infiltrated the government things are going much better for them: they can openly criticize US government and they can drive Chevski and Fordski instead of FIATski. Being the second oil producer after Saudi in a world of $145/barrel does not hurt.
07/15, 8:08 PM
posted by:
Gundy
Correct me if I’m wrong, but Russia isn’t in Europe, it’s in Asia.
07/15, 8:57 PM
posted by:
jandrews90
Western Russia is considered Europe and Eastern/southern is considered Asia I beleive.