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28 Apr
14:22

Russian car output collapses in March amid sanctions

Carmakers in Russia decreased output in January-March, according to national statistical service Rosstat. The first quarter saw 244,000 passenger cars roll off Russian assembly lines, down by 33.2% on-year, Kallanish notes. In March alone, 41,000 units were produced, down by 72% on-year, the steepest fall since Covid-19 lockdowns slashed output to 30,000 cars in April 2020, Rosstat says. However, production of trucks in January-March amounted to 40,300 units, up …
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