Seeking Alpha

Car sales fall in Russia during January

  • New car sales in Russia fell 6% Y/Y in January to 152K vehicles.
  • Locally-produced models made up all ten of the top sellers in the region.
  • General Motors (GM), Ford (F), Fiat (FIATY), and Volvo have all increased their investment in Russia on their expectation that the market is in a stabilization process.
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