OREANDA-NEWS. December 10, 2009. AEB reported that in November passenger car sales in Russia totaled just 105,300 units, which is 10% below October's level of 117,000, reported the press-centre of OTKRITIE FC.

View: Although the dynamics were negative, we view these figures in a neutral take light. Car sales in Russia exhibited monthly declines throughout 2009, with the exception of September (seasonality factor). Automobile sales are traditionally weak in In Q4, as most of the potantial buyers are waiting for the discounts that are usually offered in January - February.