The revenue of the AVTODOM and AutoSpetsCenter group of companies exceeded 123 billion rubles by the end of 2024

 New cars account for 54.8% of all sales. Sales volume increased by 67.8% to 17 195 units compared to last year. 53.8% of new cars were sold using credit programs. 46.8% of cars were sold using trade-in. The share of trade-in penetration in the company increased by 10 pp over the past year. According to the auto holding, the average cost of a new car was 4.32 million rubles.

 Sales to corporate clients remained at the same level as last year. This is 15.6% of the total number of new cars sold. All these cars were sold on lease. Revenue from new car sales in the company accounts for 50.2% of the total revenue. It increased by 52% to 61.85 billion rubles compared to last year.

 Sales of used cars showed an increase of 33.4%. This amounted to 14 197 units. This is 45.2% of all cars sold by AVTODOM and AutoSpetsCenter Group. Sales of used cars on credit increased by 27.6 pp compared to last year. This amounted to 16.8% of the total. The average cost of a used car in the company reached 2.49 million rubles. Revenue from sales of used cars amounted to 35.4 billion rubles. It is 28.7% of the company's total revenue.

 The workload of the auto holding's service centers remained at the 2023 level. It grew by 3.8% in standard hours. At the same time, revenue from maintenance services and from the sale of spare parts grew by 22.5% to 20.97 billion rubles. It is 17% of the total revenue structure.

 The penetration of comprehensive insurance for new cars in the company increased by 4 pp to 88%. Revenue from the sale of financial and insurance products demonstrated growth of 73.6% to 4.99 billion rubles. This is 4% of the holding's total revenue. The number of personnel decreased by 8% to 3763 people compared to last year.

Andrey Olkhovsky, General Manager of AVTODOM Group, commented the dynamics of the indicators and gave a forecast for 2025: “According to analytical agency Autostat, sales of new cars in Russia last year grew by 48.4%. Sales of used cars grew by 6%. Our results of +67.8% and +33.4%, respectively, exceed the average market indicators. Such dynamics, together with a 25% increase in revenue, are certainly encouraging. This allows us to look to the future with optimism. We were able to maintain the workload of our service shops, despite the lack of support from a number of Western manufacturers in terms of technical maintenance. This once again emphasizes the high quality of our service centers and the impeccable level of customer service. In addition, we optimized some of the unproductive personnel by automating a significant part of business processes and transforming the holding's digital infrastructure. Thus, the company's staff was reduced by 8%.However, we are concerned about the Bank of Russia's policy of tightening regulations for banks in terms of issuing car loans. These are the main driver of new car sales growth. It is very important for all car dealers to understand the long-term position of the Bank of Russia to form a strategy for working in the auto retail sector. The marginality of the business is changing due to the growth of the key rate. We expect the volume of the new car market in 2025 to remain at the level of last year - 1.6 million units under the optimistic scenario. We forecast a reduction in market capacity to 1.3-1.4 million units in the baseline scenario. We forecast a reduction in sales to 1-1.2 and 1 million units under the most pessimistic scenario. Therefore, large automobile holdings wishing to strengthen or maintain their leading positions in the Russian market must analyze the work of each direction and each dealership in terms of efficiency. We must all promptly adjust the business management strategy."

GC AVTODOM was founded on December 21, 1992. This is one of the largest automobile holdings in Russia, which specializes in sales and service of premium and luxury cars today. There are well-known world brands in the portfolio of the group of companies: SERES-AITO, Audi, AURUS, BMW, BMW Motorrad, BRP, Ducati, EXEED, GAC, Hongqi, JAECOO, Jaguar, KTM, Lamborghini, Land Rover, LiXiang, Mercedes-Benz, MINI, OMODA , Porsche, Volvo, Zeekr. AVTODOM is constantly developing, opening new dealership centers and updating the infrastructure of existing ones. It develops the sales of used cars, offers a full range of financial services and cooperates with reliable leasing companies and trusted partner banks.

GC AutoSpetsCenter is one of the largest Russian car dealers. It has been operating on the market since 1998. The portfolio of GC AutoSpetsCenter includes the following brands: BAIC, Belgee, Changan, Chery, Citroen, EXEED, FAW, GEELY, HAVAL, Hisun, Hyundai, INFINITI, Jetour, JMC, KAIYI, Kia, Mazda, Nissan, ORA, SKODA, TANK, Volkswagen, Wey. 25 dealership centers and dealerships for the sale of trucks of the brands HOWO, Sitrak, MAZ are part of the holding. These are located in Moscow and the nearest Moscow region. The company's dealerships offer a full range of services related to the sale, warranty and service of cars, the sale of original spare parts, lubricants and accessories, commission trade, as well as additional services, car loans and insurance.