Russian vehicle market did not grow in November

Russian vehicle market did not grow in November

RusAutoNews.Com – According to Association of European Business data, 240,322 cars and LCVs have been sold in Russia in November (+0.38%). Thereby, the number of cars and LCVs sold in the country within the 11-months period has reached 2,681,985 (+12%).

All of the most popular top-ten models have been manufactured domestically.

The President of AEB Automotive Manufacturers Committee: Joerg Schreiber interprets the figures as follows: “The Russian vehicle market failed to grow for the first time since two years. Looking at the situation the galleries throughout the country are in currently, it’s hard to anticipate a quick return to growth in the course of the following months.” Schreiber estimates that with the addition of the December figures, the year-end number of sales will exceed 2.9 million.