VTB: the auto loan market grew by 17% in September

      October 3, 2025, 12:58 — Economy

      According to preliminary estimates by VTB, in September Russian banks issued auto loans to Russians totaling approximately 203 billion rubles. This amount is 17% higher than August's result but 18% lower than September of last year.

      Overall, over the nine months the volume of auto lending in Russia amounted to more than 1.1 trillion rubles, which is 38% less than in the same period of 2024. Although market indicators still lag behind last year's results, the gap is narrowing.

      The auto lending market continues its gradual adaptation, showing a steady month-on-month positive trend in recent months. According to bank experts, the current situation can be characterized as a "soft acceleration" — the market is gaining momentum as the key rate declines.

      The key drivers of growth remain manufacturer-subsidized programs and the government program operating in the new-car segment. At the same time, the used-car segment retains significant potential, the realization of which will accelerate next year following a gradual easing of regulatory policy and growth in organic demand. This will allow the market to return to a trajectory of sustainable growth.

      NIA "Nizhny Novgorod" has a Telegram channel. Subscribe to stay informed about major events, exclusive content and timely updates. Copyright © 1999–2025 NIA "Nizhny Novgorod". When republishing, a hyperlink to NIA "Nizhny Novgorod" is mandatory. This resource may contain 18+ materials.