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01 Jun
12:31

Russia’s car production increases in April, down on-month

Carmakers in Russia increased production in April amid the Ukraine war, Western sanctions and shortages of components. Production was up 33% on-year to 26,600 vehicles, but was much less compared to the previous month, Kallanish notes from national statistical service Rosstat. In March, Russian carmakers produced 32,500 vehicles, down 20% on-year (see Kallanish passim). In January-April, almost 113,000 cars rolled off Russian conveyors, which is 57.2% lower than…
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