July deliveries of cars and light commercial vehicles in Russia slipped to 140,000 units from 143,500 in the same period last year, the Moscow-based Assn. of European Businesses reports.
Last month’s decline is the fourth in as many months. Sales through the first seven months of 2019 declined 2% to 968,700 units. AEB says market expectations through year-end are “fundamentally no better.”
July results were mixed for Russia’s top-selling brands. Sales were flat for market leader Lada at 29,500 units. Volumes rose for Kia (+2% to 18,800 units) and Renault (+12% to 11,800).
But demand fell for Hyundai (-4% to 13,800 vehicles), Toyota (-4% to 9,400) and Volkswagen (-3% to 8,300).
Once the playground of exotic car makers, the definition of a niche vehicle has expanded to include image vehicles for mainstream OEMs, and specialist models produced on high-volume platforms.
Dan Nicholson is vice president of General Motors Global Propulsion Systems, the organization that had been “GM Powertrain” for 24 years.
Delegates to the United Auto Workers union’s annual convention in Detroit have overwhelmingly approved a 31% raise for their salaried international leaders.