Russia sales rose 4% in 2021, growth seen easing

Lada Vesta Green — AvtoVAZ sells Lada models including the Vesta crossover in Russia.

R

By:

Reuters

January 12, 2022 02:03 PM

MOSCOW -- Sales of new cars in Russia rose 4.3 percent in 2021, partially bouncing back from a sharp decline caused by COVID-19 lockdowns, the Association of European Businesses (AEB) said on Thursday, with growth expected to slow this year.

Featured Stories

New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

New Stellantis CEO Antonio Filosa faces series of hurdles

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Finance Insurance

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

Latest News

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Live updates on tariffs: Court rulings sow tariff confusion

Daily 5 report for May 30: A look at some Ford family dynamics

Staying current is easy with newsletters delivered straight to your inbox.

See More in Sales

Europe sales fell in April as weak economy holds back consumers

BYD, Chery and MG propel Chinese sales to 79% growth in Europe in April

Europe sales were flat in April, but Chinese brands and EVs reshaped the market

Car buyers trying to beat tariff price hikes did a ‘bank run’ on dealers’ lots in April

Staying current is easy with newsletters delivered straight to your inbox.