August 6, 2019 / 9:53 AM / 19 days ago

Russia's July car sales down 2.4% y/y - AEB

MOSCOW, Aug 6 (Reuters) - Sales of new cars in Russia fell 2.4% year on year in July to 139,968 units, the Association of European Businesses (AEB) said on Tuesday.

“Seven months into 2019, we find the market -2.4% down, both month-on-month and year-on-year. Market expectations till the end of the year are fundamentally no better,” Lars Himmer, Deputy Chairman of the AEB Automobile Manufacturers Committee, said. (Reporting by Moscow newsroom; Editing by Angus MacSwan)

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