New-vehicle sales took off like a space shot in Russia, soaring 20% from year-ago to 154,406 units in January. The Association of European Businesses’ automobile manufacturers committee says all of January’s top-10 cars were produced in Russia. Committee Chairman David Thomas says the 20% growth is an encouraging start to 2012 and supports the committee’s forecast of a 2.8 million-unit market this year. “However, January is a very short trading month in which ...
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