Russian new-vehicle sales continued their long decline in February, falling 2% year-on-year, but the industry believes the market is close to returning to a growth cycle. The Association of European Businesses’ Automobile Manufacturers Committee says the latest fall in deliveries of new cars and light-commercial vehicles, to 206,476 units, lowered the year-to-date total 4% to 359,138. Committee Chairman Joerg Schreiber says the market performance appears on track to match last ...

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