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RUSSIA |
 The clearest sign yet that the slowdown that first halted Russia’s previously fast gaining car market in its tracks during the closing months of last year has sunk its teeth further into Russia’s car market since the start of this year is echoed in a markedly steeper than feared 12.1 per cent drop in May car sales The latest dip in sales, which marks the fifth and way ahead steepest month on month decline in six months, has widened the sales shortfall at this year’s five months stage to 4.5 per cent. But even that masks a steeper underlying slide in sales. That’s chiefly because January’s oddball rise in sales – up 3.6 per cent - was the only sales gain since November last year. Since then, with the exception of January’s largely inexplicable blip in the right direction, sales have continued to spiral downwards MORE LIKE THIS: Rethink on car tax spurs rebound in Brazil’s car market 04 Jun 2013 China’s car market lost little fizz since start of this year 30 Apr 2013 India’s tiger no longer roars 30 Apr 2013 DATA
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