Post Tagged with: "russian car market"

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Russian car sales up 4 pct in 2012 – forecast

Russian car sales up 4 pct in 2012 – forecast

Russian car sales grew 10 percent year-on-year in June, the Association of European Businesses (AEB) said on Monday. According to the figures released by the Moscow-based Association for European Businesses (AEB), the 272,125 cars sold in June are the best monthly figures since July 2008. PricewaterhouseCoopers said on Wednesday that […]

Mazda to set up Russian joint venture with Sollers

Mazda to set up Russian joint venture with Sollers

Mazda Motor Corporation has announced plans to build cars in Russia in a joint venture with local automaker Sollers. The Japanese automaker said that it has signed a memorandum of understanding with Sollers to open a new factory in the city of Vladivostok of Russia’s Far East. The plant will […]

Russia car sales up 80% in February

Russia car sales up 80% in February

According to the Association of European Businesses, sales of new passenger cars and light commercial vehicles in Russia rose by 80% in February to 73,588 units. Among the top ten-bestselling models of passenger cars so far, nine are produced in Russia. “Our consensus view on 2011 remains at 2.24 million […]