Russian car market up by 17% in August 2017

According to the AEB Automobile Manufacturers Committee (AEB AMC), in August 2017, sales of new cars and light commercial vehicles in Russia increased by 16,7% compared with June 2016 or by 18,961 sold units, and amounted to 132,742 cars.

This year in January—August period 980,921 cars were sold.

Joerg Schreiber, Chairman of the AEB AMC commented: “The recovery of the Russian car market keeps going strong in August. Year-to date sales after 8 months stand close to one million, still a modest figure in the historical comparison. But it’s the fact of the recovery taking place – at this robust pace and for 6 consecutive months – which is most important for the time being. General market mood is clearly on the up, and so are the expectations for the remainder of the year”.

Source: RusAutoNews.Com