81,849 new cars and LCVs have been sold in Russia in January

81,849 new cars and LCVs have been sold in Russia in January

RusAutoNews.Com. – According to data published by the Association of European Businesses (AEB), 81,849 new cars and light commercial vehicles have been sold in Russia in January (-29.1%). Nine out of ten best-sold models have been manufactured domestically.

The chairman of AEB Committee of Car Manufacturers Joerg Schreiber has made the following comment:

“Not the best start in to a year which all experts agree will show a negative sales trend again. Most forecasts including our own however see the full year at a better trend than shown in January.

January has never been a reliable indicator for the sales trend in the following months of the year. It remains to hope this is true also in 2016, for which the general expectation remains negative, however at a less pronounced pace than seen in the whole of 2015. The recently announced extension of the government support to the automotive sector in the first half of 2016 is a positive step in this direction. On the other hand, the continuing price inflation fueled by a very weak currency will remain a major challenge on the long way to market recovery”.

The detailed sales figures are on our RusAutoNews.Com.