Frank Schauff, AEB CEO, Joerg Schreiber, AEB AMC Chairman (Mazda Motor Rus LLC) and Lars Himmer, AEB AMC Deputy chairperson (Volkswagen Group Rus) anwered numerous questions about the future development of the automotive market in Russia.

Joerg Schreiber presented the car market sales results of 2019 and commented: “In a strong closing effort, December market sales improved by 2.3% year-on-year. Despite that, cumulative sales in the 4th quarter however remained in negative territory showing a 3.0% drop compared to the same period one year ago. Full year sales in 2019 reached 1.76 million units - 41 thousand units or 2.3% below the level of 2018. For the current year, we expect similarly challenging market circumstances. Full year sales in 2020 are anticipated at a level of 1.72 million units which would represent a further 2.1% decline from the market level reached in 2019”.

The AEB would like to thank the sponsors of the event: Total E&P Russie (Gold sponsor), Continental Tires Russia (Silver sponsor).