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Russia Could Be Europe’s Biggest Car Market This Year
Toyota Motor Corp. says a modest gain in Russia's auto sales in 2013 will vault the country past Germany to become the top-selling country in Europe, Automotive News reports.
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Toyota Motor Corp. says a modest gain in Russia's auto sales in 2013 will vault the country past Germany to become the top-selling country in Europe, Automotive News reports.
Analysts have forecast that Russia would become Europe's largest national market by 2017.
Karl Schlicht, Toyota's sales and marketing chief in Europe, tells AN that the company expects sales this year to climb 2% to 3 million vehicles in Russia and drop 12% to 2.7 million units in Germany.
National industry groups in Germany and Russia forecast a 3% decline to 3 million vehicles and a gain of less than 1% to 2.97 million units, respectively, in 2013.
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