Russia's New Car Sales Slump 63% Year on Year in March
KONTAN.CO.ID - New car sales in Russia fell 62,9% year-on-year (yoy) in March, contracting for a ninth straight month. As the industry encountered an acute shortage and soaring prices caused by a sharp rouble drop and disrupted logistics.
The Association of European Businesses (AEB) said on Wednesday new auto sales in Russia amounted to 55,129 cars in March. Around half the number sold in February.
