Automobile production and sales in Russia to drop by 50% in 2022 — Deputy PM

Business & Economy July 15, 2022, 16:43

Motor vehicle service and dealer centers are now sustainably provided with spare parts and components owing to parallel import, Denis Manturov said

MOSCOW, July 15. /TASS/. Production and sales of motor vehicles in Russia will plummet by 50% as of the end of 2022, Deputy Prime Minister and Industry and Trade Minister Denis Manturov said on Friday.

"Market and production decline in this year will be about 50%," Manturov said.

Motor vehicle service and dealer centers are now sustainably provided with spare parts and components owing to parallel import, the official added.

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