Sales of new passenger cars and LCVs in Russia increased by 9,4% in March

RusAutoNews.Com – In March 2017, sales of new cars and light commercial vehicles in Russia increased by 9,4% compared with March 2016 or by 11 900 sold units, and amounted to 137 894 cars, according to the AEB Automobile Manufacturers Committee (AEB AMC).

This year in January—March 322 464 cars were sold.

Joerg Schreiber, Chairman of the AEB AMC commented: “Finally, the sales trend on the Russian car market is moving in the right direction. Year-on-year, the 9% improvement in March was big enough to compensate the smaller losses in January-February, turning the cumulative sales result of the first quarter into a slight plus. This is great news for our market which had not seen a positive quarter in more than 4 years. But as the saying goes, one swallow does not make a summer. More solid month results will be needed before we can call this a robust trend”.