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Russian car industry ‘survived’ 2020 despite pandemic

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Moscow

Russia saw new car sales decrease by 9.1 percent in 2020 on the previous year, as the industry was battered by the coronavirus pandemic, the Association of European Businesses (AEB) said Thursday. The AEB, a Moscow-based representative body of foreign investors, said in an online press conference that Russians purchased around 1.6 million new vehicles last year compared to some 1.76 million in 2019. “These are still good results considering the difficulties of the year.—AFP

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