More than 1 million cars have been sold in Russia within the first 9 months of 2016

More than 1 million cars have been sold in Russia within the first 9 months of 2016

RusAutoNews.Com – This year in January – September period 1 020 932 cars were sold in Russia.

In September 2016, sales of new cars and light commercial vehicles in Russia decreased by 10,9% compared to September 2015 or by 15 375 sold units, and amounted to 125 568 cars, according to the AEB Automobile Manufacturers Committee (AEB AMC).

Among the top ten bestselling models so far, nine models are locally produced.

Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee commented: “With nine months of the year completed, the market has finally crossed the 1 million threshold. This is maybe not quite what we had hoped for at this point, but more than some pessimists had predicted for the whole year. Pace of sales in the remaining months of the year will depend on whether customers believe that state-sponsored purchase incentives like trade-in will run out soon or not: Those who see a deadline looming may want to accelerate their purchase decision. And if this is the thinking of the majority, new car demand will go up in the short term”.

Detailed market figues: AEB Press-Release