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Car Sales Slip 1% in Russia

Sales of cars and light-duty trucks in Russia declined 1% to 145,500 units last month, the Moscow-based Assn. of European Businesses reports.
#europe #Kia #Lada

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Sales of cars and light-duty trucks in Russia declined 1% to 145,500 units last month, the Moscow-based Assn. of European Businesses reports.

Volumes were mixed among the market’s four largest sellers. August sales by Lada and Renault rose 5% to 30,000 units and 12% to 13,000 units, respectively. Monthly volume dropped 2% to 18,500 vehicles for Kia. Volume was unchanged at 14,000 units for Hyundai.

Light-vehicle sales in Russia through the first eight months of 2019 totaled 1.11 million units, down 2% compared with the same period in 2018. Year-on-year volumes have declined each month since April, according to AEB.

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