AEB: New Car Sales in Russia up 56% in H1

According to a report by the Association of European Businesses in the Russian Federation (AEB), sales of new passenger cars and light utility vehicles in Russia grew by 56% y/y to 1.24 million. Domestic Lada was the most popular brand with 291,540 vehicles sold (up 31%). Chevrolet ranked second with 81,527 cars (up 54%). Renault was the third most popular brand on the Russian market with 74,337 cars sold (up 76%).