Industry Exec Says Russian Car Sales May Fall 6% This Year

Newswire

MOSCOW, Dec 6 (Reuters) - Russian car sales for the year could fall by around 6 percent but will likely stabilise in 2014, the chairman of a lobby group for Europe's top automakers said on Friday. Sales of Russian cars have fallen for eight straight months as people held back on large purchases as the economy faltered. "What we are dealing with is what the whole economy is dealing with," said Joerg Schreiber, chairman of the Association of European Businesses' (AEB) ...

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