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29 Feb
13:43

Russia’s January car production increases on-year, down on-month

Carmakers in Russia decreased production sequentially in January compared with the previous month amid Western sanctions and shortages of components. Production amounted to 42,100 vehicles, down 21.8% compared with December, but 90% more year-on-year, Kallanish notes from national statistical service Rosstat data. In December, Russian carmakers produced 55,000 vehicles, up by 34.2% on-year (see Kallanish passim). In 2023, almost 537,100 cars rolled off Russian c…
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