A double-digit jump in Russian new-vehicle sales in 2017 is raising industry optimism for the coming year. The Automobile Manufacturers Committee of the Association of European Businesses says 2017 ended with December sales up 14% year-on-year to 166,013 units. That pushed full-year sales up 11.9% to 1,595,737. Committee Chairman Joerg Schreiber says December sales dynamics stayed in tune with the preceding months by improving at a two-digit pace. “The market has a long way to go to ...

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