Russian new-vehicle sales start the year up 5% with January deliveries totaling 162,077 units, the Association of European Businesses automobile manufacturers committee says. Committee Chairman Joerg Schreiber says while the Russian market grew to record levels last year, the second half was characterized by growing signs of consolidation. Last month’s result, he says, is therefore very encouraging. “We see that customer activity is picking up across the industry as a ...

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