Russia May 2024: Jaecoo, Belgee X50 and Changan CS55 Plus crack Top 10

Jaecoo is now among the 10 best-selling brands in Russia.

127,128 new passenger cars found a buyer in Russia in May, a 76.2% year-on-year increase just as the year-to-date volume improves 86.4% to 594,917. This shows once again that sanctions against Russia are not working anymore. Lada (+81.9%) remains the uncontested leader in the brands ranking and even manages to outpace the market to 31.5% share. The Top 7 brands are unchanged on last month, with Haval (+88.6%) dominating at 11% share above Chery (+74.9%) at 10.2% and Geely (+53.5%) at 8.1%, the latter two however trailing the market growth. Changan (+403.2%) once again drivers the largest year-on-year gain in the Top 10 on a low year-ago basis. Omoda (+86.4%) is also strong at #6. Three newcomers round out the Top 10: Belgee, a joint-venture between the Belarusian government and Geely, climbs to a record #8 follow by Jetour while Jaecoo breaks into the Top 10 for the first time at #10. This means Chery has no less than five brands inside the Russian Top 10 this month: its namesake Chery, Omoda, Exeed, Jetour and Jaecoo.

Over in the models ranking, the Lada Granta (+17.4%) limits its gain but sports a 14.6% market share, above the 13.4% it holds year-to-date. The Lada Vesta (+5553.9%) stays in 2nd place with a surreal year-on-year uptick as production was paused a year ago. The Haval Jolion (+64.4%) is the best-selling foreign model at #3 just as the Chery Tiggo 7 Pro Max (+63.3%) and Chery Tiggo 4 Pro (+122%) both advance two spots on last month to #4 and #5 respectively. In contrast the Lada Niva Travel (+30.9%) and Niva Legend (+37%) both fall two ranks to #6 and #7. The new Belgee X50 makes its entrance inside the Top 10 at #8 as does the Changan CS55 Plus (+701.1%) at #9.

Previous month: Russia April 2024: Lada Vesta gets closer to the Granta

One year ago: Russia May 2023: Market down -65.1% on two years ago

Full May 2024 Top 10 brands and models below.

Russia May 2024 – brands:

Pos Brand May-24 % /23 Apr 2024 % /23 Pos FY23
1 Lada   40,065 31.5% + 81.9% 1 173,205 29.1% + 56.4% 1 1
2 Haval 14,015 11.0% + 88.6% 2 66,240 11.1% + 118.8% 2 3
3 Chery  13,020 10.2% + 74.9% 3 57,780 9.7% + 55.8% 4 2
4 Geely  10,271 8.1% + 53.5% 4 58,014 9.8% + 125.1% 3 4
5 Changan 9,978 7.8% + 403.2% 5 38,631 6.5% + 632.9% 5 5
6 Omoda 4,788 3.8% + 86.4% 6 20,030 3.4% + 91.7% 6 7
7 Exeed 3,872 3.0% + 27.9% 7 19,137 3.2% + 42.0% 7 6
8 Belgee 3,598 2.8% new 9 10,863 1.8% new 10 n/a
9 Jetour 3,100 2.4% new 8 11,312 1.9% new 9 n/a
10 Jaecoo 2,292 1.8% new n/a 8,417 1.4% new n/a n/a

Russia May 2024 – models:

Pos Model  May-24 % /23 Apr 2024 % /23 Pos FY23
1 Lada Granta 18,543 14.6% + 17.4% 1 79,979 13.4% + 2.3% 1 1
2 Lada Vesta 13,626 10.7% + 5553.9% 2 50,602 8.5% + 2950.2% 2 4
3 Haval Jolion 6,354 5.0% + 64.4% 3 28,236 4.7% + 94.0% 3 2
4 Chery Tiggo 7 Pro Max 5,084 4.0% + 63.3% 6 21,659 3.6% + 151.3% 5 5
5 Chery Tiggo 4 Pro 4,256 3.3% + 122.0% 7 17,133 2.9% + 89.7% 8 9
6 Lada Niva Travel 4,203 3.3% + 30.9% 4 21,853 3.7% + 25.3% 4 3
7 Lada Niva Legend 3,676 2.9% + 37.0% 5 20,424 3.4% + 61.5% 6 6
8 Belgee X50 3,598 2.8% new n/a 10,863 1.8% new n/a  –
9 Changan CS55 Plus 3,525 2.8% + 701.1% n/a 12,176 2.0% + 1779.0% n/a n/a
10 Omoda C5 3,487 2.7% + 40.8% 8 15,758 2.6% + 52.3% 9 8

Source: PPK JSC

Leave a Reply

Your email address will not be published. Required fields are marked *