Hopes for a rebound in Russia’s auto market have faltered as vehicle sales declined sharply in May despite an uptick in the ...

New car sales in Russia rose 48% on an annual basis to 1.5 million in 2024, according to Russian analytical agency Autostat. The agency said new car sales in December 2024 climbed 3.3% year-on ...

This performance marks the best result for the Russian car market in the past five years, the report said. The last time sales were comparably high was in 2019, with 1.59 million new passenger ...

Things are so bad, the Russian auto industry might need government support to survive. New car sales in Russia are falling off a cliff. Data from the Association of European Businesses (AEB ...

Jan 4 (Reuters) - Sales of new passenger cars in Russia increased by 47% year on year to 1.55 million units in 2024, Russian news agencies reported on Saturday, citing industry and trade ministry ...

Car manufacturing. Photo: Getty Images Sales of new passenger cars in Russia dropped by 24.9% on a year-on-year basis in February, the first drop in monthly sales since April 2023. Source: Reuters ...

new model launches and pent-up demand." The implication, in other words, was that most if not all the cars stayed in the Caucasus (which would be entirely legal) instead of crossing into Russia ...

The law thus allowed for new import channels for many types of items, including high-end cars like Bentleys and Maseratis. That didn't make trading in sanctioned goods legal outside Russia.