Russia’s May auto sales fell 14.5 percent

by SpeedLux

New automobile sales in Russia dropped 14.5 percent year-on-year to 107,665 cars in May, after an 8.5-percent decrease in April, the Association of European Businesses (AEB) lobby group stated last week.

In the first five months of 2016, sales of new passenger cars and light business automobiles were down 14.7 percent year-on-year at 548,119, the AEB said in statement, noting it would upgrade its full-year forecast next month.

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