Reported 2 days ago
New passenger car sales in Russia rose by 47% year-on-year to 1.55 million units in 2024, according to data from the country's industry and trade ministry. However, sales are expected to decline by about 10% in 2025 due to high inflation and increased scrappage fees. The automotive market in Russia has faced significant changes since the invasion of Ukraine, leading to a shift from Western to Chinese car manufacturers.
Source: YAHOO