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14 Jan
15:33

Russian 2021 car output grows despite semiconductor shortages

Carmakers in Russia increased output in 2021, according to Russian industry minister Denis Manturov. Last year, over 1.5 million vehicles were assembled, up 10% on-year, Kallanish notes. The production of passenger cars amounted to more than 1.3 million units, which is about 8% higher than in 2020. According to Manturov, measures to stimulate localisation and support demand for cars produced in Russia helped to maintain a positive trend. Sales of new vehicles on …
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