113,749 cars have been sold in August 2016

113,749 cars have been sold in August 2016

RusAutoNews.Com – In August 2016, sales of new cars and light commercial vehicles in Russia decreased by 18,0% compared to August 2015 or by 24 969 sold units, and amounted to 113 749 cars, according to the AEB Automobile
Manufacturers Committee (AEB AMC).

This year in January—August 895 357 cars were sold.

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

“August was unable to break the downward trend in the year-on-year sales dynamics we have seen in recent
months. We need to bear in mind however that last year’s volume base was propped up by currency fluctuations
prompting customers to pull ahead the purchase of their car. This did not happen this year – bad for the current
month statistics but a good thing for sales in the coming months as customer demand won’t be distorted by this
factor. Another piece of good news is that, for the time being, total market sales have stopped to undercut the former historical low levels reached in 2009. Chances are strong that this story will continue in September”.

Detailed market figues: AEB Press-Release