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Russia car sales forecast to drop 24% as economic crisis worsens

Sales of Lada cars, seen here at a St. Petersburg dealership, fell 15 percent last year. (Reuters)
Sa
By:
Staff and wire reports
January 15, 2015 05:00 AM

MOSCOW -- Russian car sales are likely to drop by 24 percent this year after falling 10 percent in 2014 as the country heads for recession, an automakers lobby group forecast.

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