RusAutoNews.Com – According to Association of European Businesses (AEB) data, new car and light commercial vehicle sales in Russia failed to reach the 200,000 vehicles mark in June: 199,398 (-17.3%). Thereby, the sales figure for the first half of the year has reached 1,229,839 vehicles (-7.6%).
The president of the AEB Car Manufacturers Committee: Joerg Schreiber has made the following comment on the figures: “The market continues its downward trend, at an accelerating pace: Compared to 2013, sales volume in June declined by 17.3%, bringing total 2nd quarter sales down to minus 12.4%. In the opinion of AMC member companies, the market weakness has not reached its bottom yet: Sales volume in the 2nd half of 2014 is expected to reach a level of 1.2 million units, equivalent to a 16% reduction compared with the same 6-months period in 2013.
In view of the recent trend, the AEB is adjusting its 2014 full year forecast for the Russian PC and LCV market 2.45 million units, down 335 thousand units or 12% from the market result in 2013”.
Detailed market figues: AEB Press-Release
