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OREANDA-NEWS. Automotive market of Russia, which in July increased the drop, dropped out of the top five of European leaders, behind Spain.

According to data from the agency "AUTOSTAT" in the national associations of European car manufacturers, the leader in car sales in July is Germany, where it was sold 278,866 vehicles (-3.9%). Second place is kept by the United Kingdom with 178 523 sold cars (+ 0.1%). As it was noted by the British Society of Motor Manufacturers and dealers (SMMT), after a record 2015 and strong start this year, the country's car market shows stabilization, while in June, the demand for cars dropped altogether. However, how the results of the referendum on the output of the UK from the European Union affected the automotive market, it is too early to judge, according to the SMMT. The third result was shown by Italy - 136,275 sold cars (+ 2.9%). As noted in the Italian Association of Automobile Manufacturers (ANFIA), it is the best indicator for July since 2012, but double-digit sales growth for the first time since the beginning of the year changed to an unambiguous. The association expects further reduction of positive dynamics in comparison with the first half of year, connected also with the seasonal decline in demand during the summer period.