Russia has world's 7th largest 2011 car market

May 06, 2012 12:00 AM

Russia ranked seventh among the world's leading automobile markets with 2.81 mm new cars in 2011, Russia's Autostat analytic agency said.
Car sales in Russia for 2011 include 2.48 mm passenger cars and 330,000 commercial vehicles, a 3.6 % share of the 78 mm cars sold globally in 2011. Russia, with 40 % year-on-year sales growth, also posted with world’s fastest sales increase, the agency said in its report.

China with 2011 new car sales of 18.5 mm, a 23.7 % share of the global market, was the world’s largest market for the third consecutive year.
The US came second with over 13 mm cars sold, and Japan with 4.21 mm vehicles was the world’s third largest car sales market in 2011.

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