MOSCOW, Dec 5 (PRIME) -- Russia’s sales of new cars and light commercial vehicles (LCVs) fell 6.4% on the year to 156,848 vehicles in November, the Association of European Businesses (AEB) said on Thursday.
In January–November, sales of cars and LCVs fell 2.8% to 1.58 million units.
“With over 6% volume loss, November sales confirmed the prevailing negative trend in the Russian car market this year. Of course, the year-on-year comparison should consider the strong sales in the latter part of the previous year, on the back of the anticipated VAT increase. For exactly the same reason however we do not expect to see a trend recovery in December,” Chairman of the AEB Automobile Manufacturers Committee Joerg Schreiber said as quoted by the AEB.
End
|
|
