March car market decrease is 10% in Russia

March car market decrease is 10% in Russia

RusAutoNews.Com  – In March 2016, sales of new cars and light commercial vehicles in Russia decreased by 10% compared to March 2015 or by 13 968 sold units, and amounted to 125 917 cars, according to the AEB Automobile Manufacturers Committee (AEB AMC).

This year in January—March 319 092 cars were sold.

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

“March sales result demonstrates that the automotive market as a whole is not in good shape yet although gradually moving closer to hitting a bottom after many months of continuous decline. Further progress in this
direction largely depends on the stability of the macroeconomic environment and the continuity of government efforts in stimulating market demand in the coming months”

Detailed market figues: AEB Press-Release