Russian Car Market to Get New Lift

Politics ♦ Published: July 10, 2013; 15:35 ♦ (Vindobona)

The number of sales of new cars in Russia has declined 11 percent. This is the fourth month in a row showing declines, according to the figures of the Accociation of European Businesses (AEB).

Russian Car Market to Get New Lift / Picture: ©

241,346 new cars and vans were sold in June 2013. Compared with the time frame of the previous year it is 31,254 less, according to AEB. Already in May, the association has lowered its sales forecasts for the entire year of 2013 and now estimates with a decline of 5 percent compared to 2012. Chairman of the committee of automotive manufacturers at AEB Jörg Schreiber said it is obvious…