Russian new-vehicle sales plunged 17.3% in June to 199,398 units and the industry, fearing it has yet to touch bottom, cuts its full-year sales forecast. The Association of European Businesses Automobile Manufacturers Committee says the latest result left the 6-month total down 7.6% to 1,229,839 units. Committee Chairman Joerg Schreiber confirms the Russian market is continuing its downward trend, at an accelerating pace. “In the opinion of AMC member companies, the market weakness has ...

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