Russian car sales down 10 pct in August - AEB
MOSCOW, Sept 9
MOSCOW, Sept 9 (Reuters) - Russian car sales declined for a sixth straight month in August, down 10 percent year-on-year, the Association of European Businesses (AEB) said on Monday, after a fall of eight percent the previous month.
AEB said 231,915 units were sold in August. Sales of new cars and light commercial vehicles declined 7 percent in January-August overall, compared to the same period last year.
The AEB in June cut its sales prediction for 2013 following months of falling sales.
Western carmakers including General Motors, Ford , Renault and Fiat have invested heavily in Russia.
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