Russian new-vehicle sales jumped 27% in July to 224,620 units, as the industry raises its full-year forecast by 100,000 vehicles to 2.45 million. The Association of European Businesses’ automobile manufacturers committee increased the target after 7-month sales totaled 1,460,062 units, up 50% from year-ago. “The expected pattern of strong but slowing growth continues into the second half of 2011,” Committee Chairman David Thomas says in a statement. “The AEB consensus forecast is ...
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