AEB: Russian car, LCV sales rise 13.9% to 157,279 units in March
MOSCOW, Apr 5 (PRIME) -- Sales of new cars and light commercial vehicles (LCVs) rose 13.9% on the year to 157,279 units in March in Russia, the Association of European Businesses (AEB) said in a statement on Thursday.
In JanuaryЦMarch, the sales grew 21.7% to 392,920 units.
УMarket momentum in March continued at a robust pace, concluding a 12-month long period of uninterrupted year-on-year recovery. From now on, it will be harder, at the same time significantly more valuable for the market to achieve substantial growth rates on a continuous basis,Ф AEB said quoting Joerg Schreiber, chairman of the AEB Automobile Manufacturers Committee.
He said that AEB forecasts a 10% growth of the market in 2018 to 1.75 million cars.