The Russian car market in February rose to the fourth place in Europe
The automotive market of Russia, which fell out of the top-five in Europe in January, rose to the fourth place in the European rating in the previous month, ahead of Spain and Great Britain.
Automechanika Istanbul held from 6-9 April, 2017 is going to be qualified and successful than ever before.
With over 80% sold space and exhibitors from all over the world showcasing their products or services across 13 halls, the exhibition is a must-visit for anyone looking to grow their aftermarket and OE business in the Turkey, Eastern Europe, Asia and North Africa.
New passenger car sales (excluding LCV) may increase by 7% in Russia in 2017, reaching 1.4 million units, according to a PwC survey.
Oil price forecast has become one of the main factors in the prediction of sales volumes, as noted by PwC. “According to the GI, the average price for Brent crude oil was $43.3 per barrel in 2016 and the price may rise to $55 per barrel in 2017 according to the consensus forecast of Bloomberg, which will stimulate new car sales” – as stated by the company.