According to automotive analysts ASM-Holding, employment in the Russian auto industry has declined 10.5% since May 2014, from 205,134 to 183,534 workers, and a new wave of layoffs may take place by the end of the year....More
The Association of European Businesses Automotive Industry Committee says year-to-date deliveries are down 33.0% at 1,192,723 units, and committee Chairman Joerg Schreiber says a poll of members indicates a full-year slide of 37%....More
The Association of European Businesses Automobile Manufacturers Committee says the result was an improvement on July’s 27.5% tumble and left the year-to-date total down 33.5% at 1,051,851 units....More
While first-half sales fell 36% from like-2014, July’s 27.5% decline reflected “mostly the low-base effect of a poor market showing in the corresponding period last year,” industry spokesman George Schreiber says....More
While deliveries last month fell 29.7% to leave the Russian market’s first-half result down 36.4% from prior-year, an industry group predicts full-year sales will finish 36% behind the 2014 total....More
Industry spokesman Joerg Schreiber notes “ general customer activity is undergoing a mild reactivation, thanks to a gradual reduction in bank interest rates and new-car prices supported by a more robust ruble exchange rate.”...More
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.