Bus Sales in Russia Rose 14.0% in 2012
OREANDA-NEWS. The results of the full year 2012 evidence that the bus market (including minibus sales) was recovering at a higher growth rate compared to the car and truck markets. The 2012 bus sales grew by 14.0% on the year to 69,194 vehicles. In the market structure by bus classes, a move continued towards extra-small class buses (minibuses), with expansion of their market share to 58.5% from 56.5% in January-December 2011. The total bus market growth was due to domestic models whose sales were up 28.8% on the year to 43,693 buses, and their market share expanded by 7.3 points to 63.2%. The higher sales growth rate in the bus sector (mainly thanks to domestic products) determined reaching the bus sales level of 2008 and even exceeding it by 2.2%. The bus sector is the first and still only one sector of the Russian auto market that has managed to restore the pre-crisis sales level.
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