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Russian car sales plunge as automakers raise prices

2015-10-09 20:01:38| Auto Dealers - Topix.net

Russian car sales plunged more than forecast in September, slumping the most in three months as a weaker ruble pushed automakers to raise prices. Sales of new cars and light commercial vehicles contracted 29 percent to 140,867 from a year earlier after a 19 percent drop in August, the Association of European Businesses in Russia said in a statement on Thursday.

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