Wednesday, June 1, 2011

2009 will be difficult for the Russian automotive industry

PricewaterhouseCoopers predicts crisis this year will lead to a reduction in car sales in Russia from 25% to 50%. The main reasons: reduction in lending, unemployment and the devaluation of the ruble. These factors lead to a performance two years ago, that is, at the 2006 level. Experts audit firm belief that local cars substantially increase its market share. Recall that in 2008 the market volume grew by 14% in quantitative terms and by 29% in quality. The average price of the car was 21,700 dollars.

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