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Volkswagen Says To Stop Selling SEAT Cars In Russia Next Year

2014-11-18 16:32:54| Auto Dealers - Topix.net

Spanish division, SEAT, will stop selling cars in Russia by early next year because of an economic downturn and a weakening ruble, the German carmaker said on Tuesday. Cars have been among the biggest losers as Russia's economy slowed sharply this year, worsened by Western sanctions over Moscow's role in the crisis in Ukraine and a drop in the oil price.

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