According to European media inautonews reported on July 11, the Russian auto market suffered a double-digit decline in the first half of 2016, shrinking faster than previously expected.
The European Business Association (AEB) is headquartered in Moscow, and the data provided by the Association's Automobile Manufacturers Council (AMC) shows that sales of new cars and light commercial vehicles in Russia in June 2016 were 126,633 units, a decrease of 17,762 compared with 2015. The vehicle (down 12.5% ​​year-on-year); in the first half of this year, the country's total sales volume of the car market was 672,140 units, down 14.1% year-on-year.
AEB Chairman Joerg Schreiber said, "The total market sales continued the previous double-digit decline, and the speed was faster than we predicted at the beginning of the year. We previously forecast sales will drop to 1.53 million, down less than 5% year-on-year, but Sales have now dropped to 1.44 million units, down 10.3% year-on-year."
Since 2009, Russia's auto market sales reached a new low in 2015, with sales of only 1.6 million units, down 35.7%. Russia is suffering from the longest economic depression in 20 years, and sales in the automotive market have fallen by almost half in the past four years.
Electric Road Bike,Mountain Electric Bicycle,Lightweight Electric Mountain Bike,Specialized Electric Mountain Bike
Wuxi Jiangyin Xufeng Electric Bicycle Co., Ltd. , https://www.relxrides.com