This quarter, BMI has revised its 2013 new vehicle sales forecasts downwards, against a backdrop of falling sales year-to-date. Light vehicle sales in Russia declined by 8.3% year-on-year (y-o-y) in July, to 234,569 units. Over the first seven months of the year, sales in this segment have now declined by 6.2% y-o-y, to 1,567,892 units. Following the strong decline in sales volumes, and with the country’s weak consumer story increasingly impacting the segment, we are downgrading our 2013 passenger car sales forecast to a 5% decline, to 2.6mn units, from a 3% fall previously, and now forecast a 5% decline …
Order / Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=114557.
Complete report details with Table of Contents and more @ http://www.rnrmarketresearch.com/russia-autos-report-q4-2013-market-report.html.
No comments:
Post a Comment