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Tag: ruble
Russian car-sale decline slows to 19% in August amid weak ruble
2015-09-08 15:56:27| Auto Dealers - Topix.net
Russian new-car sales fell for an eighth month in August, underscoring a deepening slide into economic recession, even as a weakening currency encouraged some consumers to spend. Sales contracted 19 percent from a year earlier to 138,670 new cars and light commercial vehicles after a 28 percent decline in July, the Association of European Businesses in Russia said in a statement on Tuesday.
Tags: august
russian
weak
decline
Russian car sales fell 38% in May as ruble gains eased pressure
2015-06-08 17:37:17| Auto Dealers - Topix.net
Russian car sales slumped 38 percent in May, a fifth month of declines, as the government employed measures to help the industry amid a deepening economic contraction. Sales of new cars and light commercial vehicles dropped to 125,801 units last month from 201,487 a year ago, the Association of European Businesses in Russia said Monday in a statement .
Tags: sales
car
pressure
russian
Russian Auto Sales Predicted To Tank By 35% This Year as Ruble Falters
2015-02-11 08:26:01| Auto Dealers - Topix.net
Russian new-car sales are expected to decline by 25 percent to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. Sales could be 1.52 million to 1.75 million units this year, compared to 2.34 million in 2014, when registrations were down 10 percent in annual terms, PwC said in a presentation.
Sanctions, Weak Ruble, Conflict in Ukraine Push Putin To Shift Pipeline Route From Europe to Turkey
2015-02-02 18:24:56| ENR.com: Headline News
Gazprom attempts to recoup $5 billion to $10 billion in sunken cost.
Will The Russian Ruble Collapse... Again?
2015-02-02 01:29:46| Electronics - Topix.net
What has been referred to as a "perfect" storm provides the U.S., E.U., and, perhaps, even Sony, with the opportunity for a bit of "payback." . The threat of U.S. and E.U. sanctions over the crisis in Ukraine, collapse of oil prices, and a declining Ruble do not include the Syrian-Obama/Putin crisis.