PUTIN'S LATEST BAN ON OIL SALES COULD BACKFIRE ON RUSSIA, EXPERTS PREDICT Prices for cars have also risen significantly in Russia - a fact which remains the main "deterrent" to a sales rebound, Kalitsev said. Retail sales slumped across the Russian economy in 2022 amid a recession, price i...
Compared to the same month last year, car sales in Russia rose by 23% in March, as consumers rushed to buy new vehicles ahead of the anticipated price rises caused by the sharp decline of the ruble. In April, sales could drop by as much as 80 to 90% as the countr...
New car sales in Russia experienced a stronger-than-expected recovery in the first half of the year, prompting local auto industry analyst Autostat to raise its forecast for 2023 sales to 860,000 units, a 37% jump on the previous year. Domestic car production, meanwhile, continued to account...
MOSCOW, April 29. /TASS/. Car sales in Russia in 2020 amid the coronavirus pandemic and lower oil prices could fall by 30% to 1.14 mln cars, according to a study by consulting company PwC. Read also Over 80% of Russians worried by economic crisis — survey The forecast was based on a...
Global car sales fluctuated over the past years amid disruptions in the industry. In 2023, car sales worldwide grew past pre-pandemic levels.
The Association of European Businesses (AEB) announced the car sales in Russia boomed in 2011 exceeding previous forecasts. The AEB chairman David Thomas says car sales for the year increased by 39% in comparison with 2010 at 2.6 million vehicles.Mr. Thomas also pointed out that the rate of ...
Forecasting sales and intervention analysis of durable products in the Greek market. Empirical evidence from the new car retail sector. The Great Recession in Europe and the Greek economic crisis in the last five years and their impact the new car sales market, are the main focus of our analys...
In addition to the ongoing global chip shortage, the Russia-Ukraine conflict and the lack of important supplier parts also have a substantial impact on new car sales in Europe, according to EY. BERLIN, April 20 (Xinhua) -- New passenger car registrations in the European Union (EU) in March...
Although Russia is far not in the Top-10 auto manufacturer list, it’s still a prominent vehicle market with its own peculiarities. Being a serious player in the industry, the Russian automobile market is represented by industrial vehicles, agile passenger cars, and a few luxury Soviet models ...
HAVAL has been frequently in spotlight overseas. From the completion of the first process-wide vehicle manufacturing factory of Chinese brand, to the launch of the first truly global car HAVAL F7, and to the top sales among Chinese auto brands for several months in Russia, HAVAL has been lead...