Association of European Businesses (AEB)

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 …

New car sales in Russia in April dropped 78.5% year on year, contracting for the tenth month in a row, due to acute shortages and increasing prices caused by disrupted …

Russia’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 …

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 …

Car 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 …

Russia’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. …

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 …