Photo: Lada
The Russian car market is doing very well at the moment, with constant and predictable increases. In September, car sales in the country went up by 10%, reaching a total of 259,582 units sold. However, the trend may not last, as there are signs that a slowdown is approaching.
According to the Association of European Businesses, "The hot phase of fast year-on-year growth in Russia is over, for now. On the backdrop of the situation in the rest of Europe however, a 10 percent increase in sales is a very respectable result.” This is clearly evidenced by the fact that in July, the sales growth was 14%, while in August, sales were 15% higher than those recorded in 2011.
The boost is sustained by excellent performances recored by the premium manufacturers, who are doing very well in Russia. BMW sales rose by 51% in September, Audi sales rose an even more impressive 57%, while Mercedes-Benz only managed to muster a 18% increase over last year’s figures.
In the first nine months of the year, automotive sales in Russia rose by 14%, when compared to 2011, reaching a total number of 2.18-million units. They’re currently only outranked by Germany, in Europe, where 2.36-million cars were sold in the same period. Analysts say it will take Russia two more years to surpass the Germans, with a sales forecast of 2.85-million units in 2014.
Story via autonews.com
The boost is sustained by excellent performances recored by the premium manufacturers, who are doing very well in Russia. BMW sales rose by 51% in September, Audi sales rose an even more impressive 57%, while Mercedes-Benz only managed to muster a 18% increase over last year’s figures.
In the first nine months of the year, automotive sales in Russia rose by 14%, when compared to 2011, reaching a total number of 2.18-million units. They’re currently only outranked by Germany, in Europe, where 2.36-million cars were sold in the same period. Analysts say it will take Russia two more years to surpass the Germans, with a sales forecast of 2.85-million units in 2014.
Story via autonews.com
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