1.1% drop for Russian new car & LCV sales in November

By / 9 years ago / News / No Comments

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.’

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.

Leave a comment

You must be logged in to post a comment.