Chevrolet sales taking big hit during conflict, plunging 45% in July.
With the sanctions battle between Russia and the West escalating, July new-vehicle sales plunged 22.9%, or 53,598 units, to 180,767. The Association of European Businesses’ Automobile Manufacturers Committee says the latest result left the year-to-date total down 9.9% to 1,410,606 vehicles. “The contraction of the automotive market continues, picking up speed in July,” committee Chairman Joerg Schreiber says in a statement. “The overall trend is worrisome and unlikely ...
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