Russian car sales rebound again as coronavirus continues to push European auto markets down

Demand for new

Demand for new cars rose in Russia last month, with sales surging as much as 3.4 percent compared to the same period last year, while growing coronavirus uncertainties still affect the auto industry in many European countries.

Russian customers bought over 154,400 new cars and light commercial vehicles in September, according to the Association of European Businesses (AEB) data. The previous month marked another positive result for the Russian car market, which started showing signs of recovery at the beginning of this quarter. In July, car sales were up around seven percent, but the growth did not continue in August, with purchases falling 0.5 percent. Despite the drop,the Russian car market was recognized as Europe’s second largest at the end of summer.

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