Russian car sales up 10 pct in Sept - AEB
MOSCOW, Oct 8 (Reuters) - Sales of new cars in Russia grew 10 percent year-on-year in September, the Association of European Businesses (AEB) said on Monday, after a rise of 15 percent the previous month.
AEB said 259,582 units were sold in September and a total of 2.19 million in the first nine months of 2012 - up 14 percent year-on-year.
The AEB expects that 2.8 million cars would be sold in Russia during 2012, around 7.5 percent up on the previous year.
Western carmakers including General Motors , Ford , Renault and Fiat are investing heavily in Russia to take advantage of a market that is expected to overtake Germany as Europe's biggest some time this decade.
(Reporting by Gleb Stolyarov; Writing by Maria Kiselyova; Editing by Megan Davies)
Keywords: RUSSIA AUTOS/