Russian car market has grown by 12% in 2017

In 2017, Russian car market (new car and LCV sales) increased by 11,9 % or 169.946 units in comparison with the same period of the previous year in Russia, announced today at the AEB Automobile Manufacturers Committee press conference in Moscow.

According to the AEB data, 1.595.737 cars have been sold in 2017.

In December 2017, sales of new cars and light commercial vehicles increased by 14% compared with December 2016 or by 20.348 sold units, and amounted to 166.013 vehicles.

Joerg Schreiber, Chairman of the AEB Automobile Manufacturers Committee commented onthe Russian car market: “December sales dynamics stayed in tune with the preceding months, by improving at a two-digit pace compared to the same month one year ago. Thus, despite a weak start in January and February, full year sales of passenger cars and light commercial vehicles in Russia improved by 11.9% year-on-year, to a level of 1.596 million units. The market has a long way to go return to its former strength, but a first and important step in the right direction has been made.”

Source: RusAutoNews.Com