Russia Used Car Market Share

Market Share of Russia Used Car Industry

Russia Used Car Market is moderately consolidated owing to the presence of several major and regional players in the market. Some of the key players in the market include Genser Auto, Inchcape, Drom, Fresh Auto, ROLF, and many others. The players are currently focusing on capturing the growing used car market share in the country by adopting various growth strategies. For instance,

• In May 2022, Renault sold its majority stake in the Russian car brand, Lada. The company has sold its 68 percent in AvtoVaz, Lada's parent company, for one rouble.
• In August 2020, The Avtomir car dealer and the Ozon online retailer launched the first car sales through a marketplace in Russia. Avtomir was presented at Ozon by 14 car brands, including about 100 different models and modifications such as Citroen, Ford, Haval, Hyundai, Geely, Kia, Mazda, Mitsubishi, Nissan, Peugeot, Renault, Skoda, Suzuki, and Volkswagen.

Russia Used Car Market Leaders

1. ROLF

2. Fresh Auto

3. Inchcape Plc

4. Drome

5. Gesner Auto

*Disclaimer: Major Players sorted in no particular order