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Russia's new car sales in 2015 will drop

According to Bloomberg News reported January 15, the European Business Association (AEB) affiliated automotive industry committee (AMC) main Xiyueerge Schreiber (phonetic) that day at a press conference held in Moscow, noted that in 2015 Russia's new car 24% of the sharp decline in sales will occur. Affected by factors such as the devaluation of the ruble, Russia's new car sales in 2014 fell by 10%, while in 2015 the decline probably will be further expanded to 24%.

Schreiber said that in 2015, Russia's new car sales, including small commercial vehicles, including 1.89 million is expected to only compared to 2.49 million in 2014 will be a sharp decline. On the other hand, Schreiber pointed out, by the impact of the ruble plunged. 11 December 2014 - Russia's new car demand decline has eased. According to AMC's statistics show that in December 2014, new car sales in Russia to 270,600, an increase of 2.4%. According to statistics, at the end of 2014, the ruble fell sharply by 40 percent, the biggest drop since 1998. Affected by the Russian carmakers have adopted to increase the price cuts and other measures.

After three consecutive years of substantial growth in sales after the automotive industry agreed that Russia is the next hope for, will soon overtake Germany as Europe's largest car market. However, from the second half of 2013, geopolitical, macroeconomic factors such as multiple hit the Russian car market. For the future, the Russian car prices have become more discussed whether the 2015-style cliff fall occur, how to stop the tide.