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Russian car sales will fall up to 20% in 2014, AvtoVAZ CEO says

AvtoVAZ, which makes the best-selling Lada brand, expects sales to fall by 10 to 15 percent in 2014, less than the overall Russian market.
May 22, 2014 05:00 AM

ST. PETERSBURG, Russia (Bloomberg) -- Russia's car market will shrink by as much as 20 percent this year as economic growth slows, AvtoVAZ CEO Bo Andersson said today.

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