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17 Dec
11:09

Russia's November car production slightly declines on-month

Carmakers in Russia continued to reduce production in January-November due to low demand, accrding to national statistical service Rosstat data. About 1.13 million passenger cars were produced during the first eleven months of the year, down by -19.7% on-year, Kallanish notes. This is an improvement on the -22.5% fall after ten months. In November alone almost 137,000 cars were assembled, up by 9.8% on-year. In October output was 147,000 up by 5.4% (see Kallanish…
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