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RUSSIA |
 Russia’s car recovery which first began just over three years ago has ground to a shuddering halt. Although confronted by a year of stagnation at best, this year’s Russian car market is nevertheless on track to equal, if not surpass, this year’s notably faster cooling German market. Today’s collective reading of the market runes suggests that both markets could conceivably end the current year with around 2.8 million sold cars, making it a conceivable dead heat for European car market supremacy The second fall in the past three months confirms the earlier held industry view that Russia’s new car market has lost at least some of its stored up heat during recent months, giving rise to forecasts of largely static sales during the current year. Yet, Russia’s cooling car market, put into perspective, still appears in notably better mettle than Germany’s, lending support to the prospect that this year Russia could conceivably overtake Germany as Europe’s biggest passenger car market MORE LIKE THIS: French lifeline in Russia 04 Apr 2013
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