Cars corporate fleet in Russia is aging

5 July 2018

Over the past two years in Russia has been aging corporate automobile Park

According RAMR over the past two years the age structure of the corporate Park of passenger cars in Russia has changed markedly. While in the Park entities and a rise in the share of the freshest cars aged less than 1 year, however, the average age of the corporate fleet has increased. So, as of January 1, 2016 (2.5 years ago) it was 8.6 years, on 1 January 2018 (six months ago) is already 9.3 years.



The share of the largest segment of the corporate Park of passenger cars aged 2-5 years decreased from 36.6% to 30.5%, while the share of cars aged more than 10 years, on the contrary, increased from 29.6% at the beginning of 2016 to 35.5% at the beginning of the year 2018.

Even with the difficult situation in the domestic economy due to falling oil prices, devaluation of the ruble and introduction of anti-Russian sanctions and a ban from mid-2015 for the purchase of Russian government agencies of imported cars, the dynamics of aging corporate Park is still quite negative, especially given the large-scale government programs to stimulate the market, intensified in 2016-2017