Auto Output Up 17.5%

Aug. 17, 2012

Automakers produced 1.1 million passenger vehicles in the January-to-July period, up 17.5 percent year on year, the State Statistics Service said, Interfax reported.?

In July alone, passenger vehicle output rose 11.9 percent, although compared with June it was down 9.5 percent.?

Truck production edged up 2.2 percent year on year to 114,000 vehicles in the seven months. However, it was down 7.9 percent? (both year on year and quarter on quarter) in July.?

The Automobile Manufacturers Committee of the Association of European Businesses previously said that sales of new passenger vehicles and light commercial vehicles grew 14 percent to 255,560 automobiles in July and 14 percent to 1.67 million automobiles in January to July.?

(MT)

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