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Russian new automobile and LCV market has shrunk by 37.6% in May

RusAutoNews.Com – According to Association of European Businesses (AEB) data, 125,801 new cars and light commercial vehicles have been sold in Russia in May 2015 (-37.6%). Thereby, the number of vehicles

Market

Russian new car and LCV market has shrunk by 41.5% in April

RusAutoNews.Com – According to Association of European Businesses data, 132,456 new cars and light commercial vehicles have been sold in Russia in April. This is equivalent to a 41.5% year-on-year

Commercial vehicles Market

The decline in commercial vehicle sales continues in Russia

Kommersant. – The decline in truck and LCV sales is gaining momentum in Russia. According to Autostat data, the decline in LCV sales has risen to 43% in April, from

Market

St. Petersburg automobile market has shrunk by 45% in March

RusAutoNews.Com – According to Auto-Dealer-SPb data, 28,482 new cars and light commercial vehicles have been sold in St. Petersburg during the first quarter of the year (-38%). March sales figure is

Commercial vehicles Market

Russian truck market has shrunk by a half in March 2015

Autostat – According to Autostat data, truck sales have shrunk by 49,7% in Russia year-on-year in March 2015, with 4000 vehicles. The shrinkage rate for the first quarter is 40,6%

Market

Second hand car sales fell by 24% in Russia in March

RusAutoNews.com – According to Autostat data, 386,500 second hand automobiles have been sold in Russia in March (-24.3%). Thereby, the number of second hand vehicles sold during the first quarter

Market

Russian car market has shrunk by 42.5% in March

RusAutoNews.Com – According to the Association of European Businesses (AEB) data, 139,850 new cars and light commercial vehicles have been sold in Russia in March. Thereby, the sales have shrunk by

Government Market

Russian government has allocated 25 billion rubles for the support of automotive sector

Vedomosti – The government of Russian Federation has allocated 25 billion rubles, in order to promote the automotive sector in the country. The aforementioned package covers areas such as; the

Government Market

Russian government has extended the period of the automobile utilisation programme

Interfax – Russian prime minister Dmitri Medvedev has signed the bylaw, extending the validity period of the automobile utilisation programme until the end of 2015. As reported by Interfaks, 3

Market

St. Petersburg automobile market has shrunk at a record rate in February

RusAutoNews.Com  – St. Petersburg automobile market has shrunk at a record rate in February. According to Auto-Dealer-SPb data, 17.875 new cars and light commercial vehicles have been sold in St.