Sales of new passenger cars and LCVs in Russia decreased by 5.2% in October, continuing a long trend of monthly falls which are fast dissipating the improvements seen two years ago.
Among the top ten bestselling models so far, all models are locally produced.
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Sales of new cars and light commercial vehicles in Russia decreased by 5.2% last month compared to October, 2018 or by 8,368 sold units and amounted to 152,057 cars, according to the AEB Automobile Manufacturers Committee (AEB AMC).
"Total market sales in October underachieved last year's result by 5.2%, firmly keeping the market on the path of a slow but continuous erosion of the much-needed volume gains secured in the years 2017-2018," said AEB AMC chairman, Joerg Schreiber.
"This is not the direction the industry wants or needs, of course, but it is hard to see at the moment where a change to the better should be coming from any time soon."
