Bloomberg News

Russian Car Sales May Increase to 2.8 Million Vehicles This Year

January 16, 2012

Jan. 16 (Bloomberg) -- Russian car sales may climb to 2.6 million to 2.8 million vehicles this year, from 2.5 million last year, said Dmitry Levchenkov, a department head at the Economy Ministry.

Sales may reach 3.5 million in about five years, depending on favorable economic conditions, Levchenkov told reporters today in Moscow.

To contact the reporter on this story: Ekaterina Shatalova in Moscow at eshatalova@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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