14 Jan 2020
The Association of European Businesses suggested that in 2020, sales of new cars in Russia will fall by a few percent
In 2019, car manufacturers in Russia sold 1,759,532 new cars and light commercial vehicles, which is 2.3% (41.1 thousand units) less than in 2018. At the same time, in December, an increase in sales of 2.3% (179 thousand cars) was recorded. There is nothing to rejoice, as according to AEB forecasts, the market will continue to fall – in the next 12 months, new car sales will decrease by 2.1% compared to last year – to 1.72 million cars.
“In the coming year, we expect a similar market situation in complexity. The forecast for 2020 is 1.72 million units, which represents a further decrease of 2.1% compared to the level achieved in 2019, ”Jörg Schreiber, chairman of the AEB Automobile Manufacturers Committee, quotes the Autonews portal.
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