Ministry of industry and trade improved the forecast for the production and sales of cars in 2017
OREANDA-NEWS. The production of cars in Russia will grow by 10% in 2017, but not by 7-8%, as expected, informed the Minister of Industry and Trade, Denis Manturov. By the same 10% the market will grow and, whereas earlier the head of the Ministry of Industry and Trade spoke about 3-5% of growth.
Recall that previously a new forecast for sales of cars and light commercial vehicles in 2017 was announced by the Association of European Businesses (AEB). At the beginning of the year, AEB expected the market growth by 4.1%, and now - by 10.8%, up to 1.58 million cars. For the first nine months of 2017, the Russian car market grew by 10.6% up to 1 million 129 thousand 374 cars.