New car sales in Russia dropped 62.4% from a year earlier during August, after a drop of 74.9% in July, according to the Association of European Businesses (AEB). A total …
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Association of European Businesses (AEB)
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- General Motors
General Motors exits Russian car assembly business with Avtovaz deal
by SpeedLuxby SpeedLuxRussia’s biggest automaker Avtovaz stated on Monday it would purchase out General Motors from their joint venture producing automobile in Russia under the Chevrolet brand, effectively finishing GM’s presence in …
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Russia’s automobile market could grow by approximately 12 percent this year, recovering faster than formerly expected because of the enhancing economy, the head of Kia Motors’ Russian business informed Reuters …
- Press Releases
Russia car sales observed to be increasing by 4 percent in 2017
by SpeedLuxby SpeedLuxCar sales in Russia are observed to be increasing by 4 percent to 1.48 million units this year, the Association of European Businesses (AEB) lobby group stated on Thursday, as …
- Press Releases
Vladimir Putin says Russia auto market would drop 30-40 percent if no state support
by SpeedLuxby SpeedLuxRussia’s vehicle market would diminish by 30 to 40 percent present year if it were not receiving state support, Russian news agencies quoted President Vladimir Putin as stating on Saturday. …
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New vehicle sales in Russia dropped 2.6 percent year-on-year to 126,658 automobiles in October, after a 10.9 percent drop in the previous month, the Association of European Businesses (AEB) lobby …