Russian new-vehicle sales open the year weaker than expected, as deliveries drop 6% to 152,662 units in January, though the market still is expected to stabilize. “January sales turned out weaker than many had hoped for,” Joerg Schreiber, chairman of the Association of European Businesses Automobile Manufacturers Committee, says in a statement. “(But it was) not a complete surprise, however, following a strong December which saw a pull-ahead of credit-backed sales due to ...

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