111,145 new cars and LCVs have been sold in Russia in February

111,145 new cars and LCVs have been sold in Russia in February

RusAutoNews.Com – According to data published by the Association of European Businesses (AEB), 111,145 new cars and light commercial vehicles have been sold in Russia in February (-13.4%). Among the top ten bestselling models so far, nine models are locally produced.

Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee commented:

“The pace of year-on-year decline is slowing down visibly, with minus 13% to the smallest value in 14 months. This is an expected and welcome development, much of it being attributable to the low volume base of last year. Now spring season is approaching, and this is usually good news for car sales. So the coming weeks will show in what shape consumer demand really is these days”.

The detailed sales figures are on RusAutoNews.Com.