MOSCOW -- New-car sales in Russia fell 18 percent to 113,749 in August, after a 17 percent fall in July, the Association of European Businesses (AEB) lobby group said.
August was unable to break the downward trend but registrations have stopped undercutting the former historical low levels reached in 2009, Joerg Schreiber, chairman of the AEB Automobile Manufacturers Committee, said in a statement on Thursday.
In July, the AEB downgraded its 2016 full-year market forecast to 1.44 million units, representing a 10.3 percent fall compared with 2015, from previously expected 1.53 million units.
Through August, sales were down 15 percent to 895,357 vehicles, the AEB said.
Foreign brands suffer
Lada, the market's No. 1 brand, continued to buck the downward trend with its sales up 4 percent last month. Lada was buoyed by demand for its Vesta sedan and X-ray crossover, two compact cars developed to rival models from Western automakers.
Hyundai, the No. 2 brand, saw its volume fall by 5 percent in August. Sales at Kia, the No. 3 brand, dropped by 17 percent. Volume at Renault, the No. 4 brand, fell 7 percent, while fifth-ranked Toyota's sales dipped 4 percent.
• Download PDF, above right, for sales by automaker, brand and model for August and eight months.
Among other brands, VW sales fell by 7 percent while VW's Skoda was one of the few winners as volume rose 6 percent. Ford sales were down 24 percent, while Chevrolet tumbled 58 percent.
Automotive News Europe contributed to this report