·Russia car market sales fell by 20% this year

According to "European Automotive News", Volga car CEO Bo Andersson said recently that with the weakening of Russia's economy, the country's auto market is expected to fall by 20% year-on-year.

Bo Anderson predicts that the prospects for the Russian auto market will be more severe in the next two years. For the recent US and EU sanctions against some Russian companies and government officials, Bo Anderson believes that it does not constitute one of the factors that caused the decline of the Russian auto market.

According to data released by the European Chamber of Commerce AEBRUS, the sales volume of light vehicles in the Russian market in 2013 dropped from 2.939 million in 2012 to 2.775 million, down 5.49% year-on-year. According to wave Anderson's forecast, this year's Russian auto market is expected to fall by 20% on the basis of 2013.

As for the Volga car, Bo Anderson believes that the company's sales in Russia this year will fall 10% to 15%, lower than the overall market decline, so he expects Volga car market share in Russia will grow this year, 2016 It is expected to increase from the current 17% to 20%.

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