(Reuters) – Sales of brand-new auto in Russia boosted by 47% yr on yr to 1.55 million gadgets in 2024, Russian data corporations reported on Saturday, mentioning market and occupation ministry data.
New gross sales in 2025 are seen visiting round 10% to 1.43 million gadgets, Sergei Tselikov, head of Russian logical firm Autostat, acknowledged in December, as excessive rising value of dwelling and scrappage fees press charges up.
Moscow’s intrusion of Ukraine in February 2022 dramatically improved Russia’s automobiles and truck market, with Western carmakers deserting the nation and Chinese ones leaping in to attach the manufacturing area. Sales plunged in 2022 nevertheless have truly been progressively recuperating.
(Reporting by Alexander Marrow; Editing by Toby Chopra)