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Russian Auto Sales Predicted To Tank By 35% This Year as Ruble Falters

2015-02-11 08:26:01| Auto Dealers - Topix.net

Russian new-car sales are expected to decline by 25 percent to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. Sales could be 1.52 million to 1.75 million units this year, compared to 2.34 million in 2014, when registrations were down 10 percent in annual terms, PwC said in a presentation.

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