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Russian car sales could fall 36% in 2015, lobby group says

2015-07-08 19:42:45| Auto Dealers - Topix.net

New-car sales in Russia are expected to fall 36 percent this year, the Association of European Businesses lobby group said on Wednesday, a more pessimistic forecast than it had previously given. After years of growth in excess of 10 percent, car sales in Russia shrank in 2014 as the economy weakened due to lower oil prices and Western sanctions over Moscow's role in the Ukraine crisis.

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