AEB: Russian car, LCV sales fall 5.2% to 152,057 units in Oct - Engineering & Hi-Tech - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

AEB: Russian car, LCV sales fall 5.2% to 152,057 units in Oct

MOSCOW, Nov 7 (PRIME) -- RussiaТs sales of new cars and light commercial vehicles (LCVs) fell 5.2% on the year to 152,057 vehicles in October, the Association of European Businesses (AEB) said on Thursday.

In JanuaryЦOctober, sales of cars and LCVs fell 2.4% to 1.423 million units.

УTotal market sales in October underachieved last yearТs result by 5.2%, firmly keeping the market on the path of a slow but continuous erosion of the much-needed volume gains secured in the years 2017Ц2018. This is not the direction the industry wants or needs, of course, but it is hard to see at the moment where a change to the better should be coming from any time soon,Ф AEB said quoting Joerg Schreiber, chairman of the AEB Automobile Manufacturers Committee.

Sales of RussiaТs largest carmaker AvtoVAZ fell 6% on the year to 30,237 cars in October and rose 1% to 295,437 units in JanuaryЦOctober.

End

07.11.2019 13:38
 
 
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