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Russian new-car sales continue steep decline in January

2016-02-09 01:01:57| Auto Dealers - Topix.net

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry. Continued weakness in oil prices is adding to the plight of automakers already wrestling with low consumer demand and ruble devaluation.

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Category:Automotive

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