AEB: “1.5-1.6 million automobiles will be sold in Russia in 2016, according to the best-case scenario”

AEB: “1.5-1.6 million automobiles will be sold in Russia in 2016, according to the best-case scenario”

Vedomosti. – Joerg Schreiber, the president of the Association of European Businesses (AEB) Car Manufacturers Committee, has stated that 1.5-1.6 million automobiles will be sold in the country in 2016 according to the best-case scenario or 1.2-1.3 million in the opposite case, during his speech at the Union of Russian Car Dealers congress. The AEB official expects a sales figure of 1.57 million vehicles for this year (-37%).

Schreiber also highlights the difference between the AEB and the ministry data. Accordingly, the official figures are below the AEB figures by 3.4% for 2013 and 14.4% as of the first nine months of 2015. Schreiber is of the opinion that the difference can be justified by factors such as the purchases made by the citizens of the neighbouring countries.

Russian vice minister of industry and commerce Alexander Morozov had announced the expected automobile sales figure for this year as 1.5 million vehicles, a while ago. One-third of the predicted figure is formed of sales within the frame of the government promoted programmes.

Tatiana Lukovetskaya, the general director of one of the biggest dealers in the country: Rolf, states that it will be possible to make more accurate predictions following the November-December results. Alexander Zinovyev, the director of sales department at Avtospetstsenter, is of the opinion that an annual sales figure of 1.6-1.7 million is within the reach for the year 2016, as long as the ruble follows a steady course. A Sollers representative, on the other hand, has told Vedomosti newspaper that the sales will fall to 1.1 million vehicles level, in the absence of government support.