2013 Car Sales in Russia

January 22, 2014 at 2:14 AM

A This six-page report from the Moscow-based Assn. of European Businesses details the 5% decline in passenger vehicle sales in Russia to 2.78 million units in 2013.

Russia's five top-selling brands in 2013 were Lada (456,300 units), Renault (210,100), Kia (198,000), Hyundai (181,200) and Chevrolet (174,600).

AEB expects sales in 2014 to slip to 2.73 million. Analysts say a weak economy and the end of a car loan subsidy in December 2013 will hurt demand.