Russian auto makers are revising their 2011 sales forecast after new-vehicle sales soar 80% year-on-year in February to 165,518 units, leaving the year’s 2-month total up 77% to 293,495. The Association of European Businesses’ automobile manufacturers committee says nine of the top 10 best-selling models in February were produced in Russia. Committee Chairman David Thomas says in a statement this is an encouraging start to 2011. “The key components for continued growth remain in place. ...
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