AEB: Russia’s new car, LCV sales fall 18% to 126,200 units in Oct

MOSCOW, Nov 8 (PRIME) -- Russia’s sales of new cars and light commercial vehicles (LCV) fell 18.1% on the year to 126,200 units in October, the Association of European Businesses (AEB) said in a statement on Monday.

In January–October, sales of new cars and LCVs grew 10.5% on the year to 1.3 million units.

Chairman of the AEB Automobile Manufacturers Committee Thomas Staertzel said, as quoted in the statement, “October is the 4th month in a row when the market has been decreasing. …There is still a long way to overcome the global production shortage and new problems with logistics due to breaks of the supply chains.”

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