Page 105 - RusRPTDec20

Sollers saw a 7% y/y decline in UAZ sales in October and a 16% y/y drop YTD, which we attribute to the outdated model range.
Meanwhile, the Ford Transit, which is produced by the Sollers Ford JV and consolidated by Sollers, showed a strong performance, with its sales increasing 57% y/y in October and 8% y/y in January-October.
AvtoVAZ remained the market leader, with its October Lada sales rising 22% y/y on the back of the strong underlying demand. Still, its YTD sales were down 10% y/y.
Among other Russian producers, GAZ's LCV sales fell 23% y/y in October and 25% y/y in January-October.
105 ​RUSSIA Country Report​ December 2020 www.intellinews.com