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Russia’s 37.9% fall “just the beginning”

It's going to get worse before it gets better. AEB AMC Chairman Joerg Schreiber recommends "patience and a long breath"

February confirms Russia's downward trajectory as new light vehicle sales fell 37.9% to 128,298 units, according to figures from the AEB Automobile Manufacturers Committee (AEB AMC). The market saw a brief respite in December, with sales rising 2.4%, but declines returned in January with a 24.4% fall. The latest figures put year-to-date sales at 243,826 units.

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