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Passenger Cars Production Is Falling
27.02.2015 09:40
Passenger Cars Production Is Falling

The production of passenger cars in Russia decreased by 25.7 percent in January, as compared with January 2014, according to the statement of the Russian Federal State Statistics Service. A total of 85.1 thousand cars were produced during the month.

      The production of passenger cars decreased by 44.8 percent in January 2015, as compared with December 2014. The production volumes decrease against the background of falling sales of cars in Russia. The Association of European Businesses (AEB) reported that the sales of new light vehicles and light commercial vehicles (LCV) in Russia fell by 24.4 percent in January 2015, as compared with January of last year, and amounted to 115.4 thousand cars.

      The fall in sales was expected after the excessive demand for cars in late 2014. At the same time with the devaluation of rouble the sales of new light cars and LCVs increased by 2.4 percent in December, in comparison with December 2013, and amounted to 270.65 thousand cars.


Author: Anna Dorozhkina

Tags: Passenger Cars     

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