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26 Aug
13:08

Russian automotive production rebounds in July

Carmakers in Russia continued to decrease output in January-July, according to national statistical service Rosstat. Only 300,000 passenger cars rolled off Russian assembly lines, down by 64.2% on-year, Kallanish notes. However, in July alone, almost 19,400 units were produced, down 80.6% on-year, but 44.5% more than in the previous month. In June, Russian carmakers produced only 13,000 units, down 89% on-year, one of the steepest falls since Covid-19 lockdowns sā€¦
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