Sales of passenger cars in Russia in November fell by 43%

Moscow. December 8. Sales of passenger cars and LCV in Russia in November 2015 decreased 42.7% compared with November last year to 131,572 thousand, according to the Committee automakers Association of European businesses (AEB).

In the first 11 months were sold in the country at 34.5% of cars less, than for the same period a year earlier to 1 million 454 thousand 253 PCs.

“A year ago, the ruble swooped down, and buyers stormed dealerships to use the money until the time when car prices will begin to reflect the new reality of the exchange rate. Nothing of the sort happened in November of this year, which explains the relative deterioration in monthly indicators year-on-year. The current year is not yet complete, however, expectations for December are modest, especially compared to record sales at the peak of a short boom in the past year,” said Chairman of the AEB automobile manufacturers Committee Joerg Schreiber.

According to AEB, the sales of AVTOVAZ in Russia in November fell by 29% to 21,58 thousand pieces. In the first 11 months of sales of Lada in the country decreased by 30% compared with the same period a year earlier, before 245,634 thousand pieces.

Sollers in November, has reduced sales by 39.4% compared with the same month in 2014, to 4,902 thousand. In January-November, the decline was 27.2%, up to 47,906 thousand cars.