Support The Moscow Times!

New Car Sales Up 51%

New car sales jumped 51 percent last month from the same period a year earlier as consumers took advantage of the government’s cash-for-clunkers program, the Association of European Businesses in Moscow said Wednesday.

Sales of automobiles and light trucks reached 168,627 in August, pushing the year-to-date total to 1.14 million, or 14 percent more than in the same period last year, the AEB said.

“There were some concerns that the smog in Moscow might affect the industry, but other than low showroom traffic … we have not yet seen evidence of this,” David Thomas, chairman of the AEB’s carmakers committee, said in a statement. 

(Bloomberg)


… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more