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International automakers raised prices by as much as 56%, according to PwC. With the sharp decline in the ruble auto sales fell by 24% in January 2015. Sales are expected to be down by 35% for 2015, according to PwC.
Grouped Articles
Russian Car Sales Skid Lower Amid Economic Gloom
Wall Street Journal 02.10.2015
Ruble’s Fall Tests Governor of Russia’s Central Bank
New York Times 02.09.2015
How Looming Recession Is Unsettling One of Russia’s Boom Cities
Wall Street Journal 03.17.2015
GM to Close Russian Assembly Plant
Wall Street Journal 03.19.2015
Changing Course, Russia Will Sell Rubles Instead of Buying
New York Times 05.14.2015
Overheard: Ruble in the Rubble
Wall Street Journal 08.25.2015
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