Vehicle sales in the recent high-flying emerging market of Russia are stalling, and auto makers, both foreign and domestic, are struggling to avoid growing inventories. PricewaterhouseCoopers Russia forecasts a 25%-50% drop in the country’s light-vehicle sales this year, with production tumbling to 1.6 million vehicles from 3.2 million in 2008, as the global financial crisis cancels two years of rapid growth. That’s a far cry from PwC’s forecast last summer that Russians would buy more ...
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