Belarus 2022. Geely Conquers Throne In Market Down 67.9%

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The 2023 Kia Soul
The 2023 Kia Soul

Belarus’s vehicle market in 2022 totaled 17,234 sales, a 63.8% loss from the previous year. December, in fact, fell for the 10th consecutive month, reporting 1,951 new light vehicle registrations (+57.0%).

Market Trend and Outlook

Belarus’s vehicle market in 2022 totaled 17,234 sales, a 63.8% loss from the previous year. December, in fact, fell for the 10th consecutive month, reporting 1,951 new light vehicle registrations (+57.0%)

Looking at cumulative data from 2022 brand-wise, the new leader Geely reports a 41.5% decrease in sales YTD while holding 25.3% market share, overtaking Lada which lost 67.6%, reporting the worst performance on the podium.