Mexican Media Brands
AEB Cuts Russia Sales Forecast After June Sales Drop 13%
Passenger car and light commercial vehicle sales in Russia will fall 10% to 1.44 million units this year, according to a downwardly revised estimate from the Moscow-based Assn. of European Businesses.
#economics
Share
Passenger car and light commercial vehicle sales in Russia will fall 10% to 1.44 million units this year, according to a downwardly revised estimate from the Moscow-based Assn. of European Businesses.
AEB previously expected 5% shrinkage to 1.53 million units this year. The Russian market dropped 10% to 2.49 million in 2014 and 36% to 1.60 million in 2015.
The group reports sales in June declined 13% to 122,600 vehicles. Deliveries through the first six months totaled 672,100 units, down 14% from the same period in 2015. AEB anticipates sales shrinkage in the second half will narrow to an average rate of 6%-7%.
RELATED CONTENT
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.