Staff Reporter

Russian car sales seen down 5 pct in 2013

Russian car sales suffered a double-digit percentage drop in May, a business lobby that groups Europe's top auto makers said on Monday, prompting it to slash its forecast for the full year to a decline of 5 percent. more

Egypt's GB Auto boosted by record sales revenues

Egyptian vehicle assembler and distributor GB Auto said on Thursday that its first quarter net income surged 160.1 percent, boosted by record sales revenue. more

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