What is the main topic?

The main topic is the significant increase in Russia's new car sales by 47% in 2024, with future predictions for 2025.

Why did Russian car sales increase?

The increase is attributed to the recovery from the 2022 slump and the entry of Chinese carmakers into the market.

What are the future predictions for Russian car sales?

Sales are expected to decline by 10% in 2025 due to high inflation and scrappage fees.

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Home > Finance > Russia's new car sales up 47% in 2024, agencies cite industry ministry

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Russia's new car sales up 47% in 2024, agencies cite industry ministry

Published by Global Banking & Finance Review®

Posted on January 4, 2025

1 min read

Last updated: January 27, 2026

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Russia's new car sales up 47% in 2024, agencies cite industry ministry

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Russia's Car Sales Increase 47% in 2024, Industry Reports

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