1.1% drop for Russian new car & LCV sales in November
In total 229,439 cars were sold – down by 2,620 sold units.
Year-to-date, new car and LCV sales declined by 11.6% or 292,89 units in comparison to the same period of the previous year, with a total of 2,220,751 cars sold.
Joerg Schreiber, chairman of the AEB Automobile Manufacturers Committee, commented: ‘Under unusual circumstances, unusual things are happening: November month result exceeds October result, and total sales in November are almost at the same level as last year. Retail demand has been extraordinary in recent weeks, helped by government subsidies and consumers rushing to get ahead of widely anticipated new year price increases. The outlook on December sales is rather promising as well, raising the prospect of a decent closing of a difficult year for the Russian car market.’
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