Russian new-car sales are expected to decline by 25 percent to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said.Sales could be 1.52 million to 1.75 million units this year, compared to 2.34 million in 2014, when registrations were down 10 percent in annual terms, PwC said in a presentation.
Russian-built cars would suffer the least, falling 10 percent, followed by foreign cars assembled in Russia, which would see a 33 percent drop. Imported cars would fall 55 percent next year, PwC said. The ruble decline may encourage more automakers to localize their production in Russia, PwC said
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