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New and used car market in January-September 2014

The study of Russian Automotive Market Research showed that in January-September 2014 the car marketamounted to 1583.2 thousand vehicles, which is a dramatic fall of 12.26% on the same period last year. The largest regional new car markets wereMoscow, Moscow region, Saint Petersburg and Tatarstan. Against backdrop of the falling new car market, in the first nine months of 2014 the used car market grew to 4497.4 thousand vehicles, which is an 8.14% growth on the same period last year.